Gold Has Already Started Its Hunt For Stocks
Chart 1: Gold/S&P500 Ratio Daily
Chart courtesy of TradingView.com
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"