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$1,391.7 gold futures

Going back to 1984 is too far, the scale doesn't work, besides...

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Skol

32,985 Posts.

1378

24/02/21

15:26

Post #: 51288712
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Originally posted by sergeant: ↑

My apologies Skol. I omitted to post my chart with a time scale. Its easy to doctor a chart when you dont include all the data. I prefer to look at the longer term picture when refuting such a sweeping statement as the one you provided earlier. 90% of the gold price is clearly not dictated to by yields.View attachment 2950084

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Going back to 1984 is too far, the scale doesn't work, besides what happened back in 1984 isn't really relevant today, things change.

Gold moves more on a % scale than 10Y notes so the scale's a tad unrealistic.
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0 Great analysis

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