gold, page-2172

I suppose the easiest logic for me personally to explain the inter market correlation currently between stocks, gold and DXY is that as the DXY rise, rate hike expectation is more probable so stocks and gold is more likely to sell off and vice versa. Throw in a inflating crude prices it was what the stocks were looking for with the view that it is a precursor to growth.

Now it seems that stronger crude prices is bad for the companies as opex goes up.

In the end, it is better to look at a chart independent of other factors since they are built into the valuation