GOLD 0.51% $1,391.7 gold futures

gold, page-128697

  1. 42,626 Posts.
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    Why is there a divergence between GDX and GLD? Same with our local XGD ticker.

    I often hear the excuse of the oil component being a major cost component in the AISC.

    Why is gold price going on a rampage? US economy debt pile? War defensive asset? Yen carry trade contagion?

    From last week's Nikkey equity induced and FX rout, I can again see the divergence between a weaker USDJPY hitting the trendline resistance and a massive resurging Nikkei. Which one of these market plays is wrong?

    A few public commentators have also noticed the divergence between risk equity markets in the US and Bitcoin, they were tracking each other in the past.

    Anyway, I wonder what @Skol thinks of this gold rally? A sucker rally based on conspiracies or perhaps the US/Japan can go on printing MORE money to solve their complacent financial policies.
 
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