This chapter discusses the major peak in the U.S. dollar during 2002, which led to a major uptrend in commodity markets. The U.S. dollar hit its final peak during the first quarter of 2002. From that point, it dropped sharply for the balance of that year and for the rest of the decade. The CRB Index turned up at the exact point when the dollar peaked. For the rest of 2002, commodity prices continued an uninterrupted advance, which would last for several years. That action was consistent with the intermarket principle that a falling dollar usually results in higher commodity prices. Gold experienced a major upside breakout as the dollar broke a seven‐year support line. Gold ended a 20‐year secular bear market just as stocks ended their secular bull market. Commodities outperformed stocks for the first time in two decades. A climate of falling stock prices, a falling dollar, and historically low interest rates did not leave people with a lot of investment alternatives. That is the exact type of intermarket climate that drives money to gold.