gold, page-62750

  1. 4,679 Posts.
    lightbulb Created with Sketch. 145
    SP500 is positively correlated to gold.

    6 month +0.46
    1 year + 0.69
    2 Year + 0.52

    Yield is the one to watch. If yield has bottomed and starts to creep up eventually gold will go the opposite direction. There is a consistent negative correlation yield to gold over 6 month 1 year and 2 year timeframes.

    US economy is strong and I expect to see that reflected in baby steps of inflation increase, perhaps that is what yield is anticipating.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.