Gold and US 10 year Bond futures.
As yield goes up bonds go down. Gold has no yield. Is gold a leading indicator of inflation or a safe haven when there is no yield else where?
If you chart the above two plus the SPX and have a scroll through time it is interesting.
I still remember my first visible gold in drill core. Is this gold? I would ask. " if you have to ask if its gold its not gold' came a wise response.
I remember the head of the geology department always asking me if the pyrite he saw was gold.
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