THE BEST OF BOTH WORLDS
Another Market Myth Challenged by Rambus
https://rambus1.com/2018/04/18/wednesday-report-spx-and-gold-combo-chart/
Another Market Myth Challenged by Rambus
https://rambus1.com/2018/04/18/wednesday-report-spx-and-gold-combo-chart/
Thanks, Fully. Now I won’t pee in my pants!
Spot on. I’ve never understood why people seem to think the stock market needs to fall for gold to rise. The evidence clearly doesn’t support that view.
I think on a daily basis, maybe its true more often that the directions are opposed. But over the long term, its definitely not true.
Agreed, longer term it rhymes – first half of ’70’s ended with major market collapse (gold went up during that time roughly 5x – silver removed from US coinage), second half of ’70’s markets were rather flat – gold went up again (roughly 5x) this second leg was an era of stagflation. << this is where I believe we are today however an 'era' can be a long time (point of post is that I'm in total agreement markets do not need to crash for PM's to rise although for non-TA reasons). Most money believes the latest series of fed rate raises is to head off (organic) inflation, IMO it is simply to allow a rate drop cushion (above zero) before the (pre-planned) crisis 'solution' is implemented. The Fed funds rate and the 10yr is again right at the 35yr ceiling crisis-line. What happens next to 'recover' and force inflation? NIRP, helicopter money via UBI, revaluation of USD via international monetary consolidation (perhaps SDR), WAR (crisis inducing)-could it be the answer to CB's problems?