Long Gold as Gold and TIPS out of correlation

Gold price is here inverted, but it looks like there could be some potential upside as it is lacking behind the 10-year treasury inflation-indexed rates (TIPS) and they are normally correlated.

This is because when real rates rise the price of gold normally falls because it does not generate a yield.

Either rates will rise or gold will go up, but it looks like a safe bet to invest in gold here.