Gold and US 10 year Bond futures.As yield goes up bonds go down....

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.