Gold Update: Major Reversal

Aibek Burabayev - Contributor - Metals

Gold Has Already Started Its Hunt For Stocks

Chart 1: Gold/S&P500 Ratio Daily
XAUUSDO/SP500 Ratio Chart
Chart courtesy of

Two weeks ago in my special post about the Gold and stocks correlation, I was talking about the coming end of the Gold/S&P500 ratio collapse and I was really surprised by this immediate outcome shown in the chart above. My congratulations to those who luckily bought Gold and shorted the stock index, now you can enjoy a decent 17% gain on the trade and this just may be the beginning. Continue reading "Gold Update: Major Reversal"