Gold Exploration Part 2 & part 1
Edit: Added part 1
Continuing with current charts of Gold’s real price, Yield spread and credit spread.
From TSI Blog:
“there’s a good chance that the gold/commodity ratio will make a multi-year peak this year, due mainly to increasing strength (catch-up moves) in other commodities.
With generally widening credit spreads signifying declining confidence and generally narrowing credit spreads signifying confidence. It would logical if there were a positive corelation between the Gold/commodity ratio and credit spreads.”
https://tsi-blog.com/2016/02/explaining-golds-relative-expensiveness/
Brilliant Charts Sir Bikoo
Keepers
🙂
Interesting. I can’t square in my head (maybe it’s tonearly$ bit of the
Gold real price vs commodities is about to drop why would we conclude exploration stocks are about to do well!?
You must not have read the report in earlier post. Bob explains how it works.
I’ll have some coffee. And read it again. Lol. Thanks. I am very interested
In this explorers topic.
Great charts, Bikoo99. It makes sense. Been watching the slaughter in the other commodities for months and the slow rise in Gold.
Thanks for sharing Bikoo! Gold:Commodities ratio as an indicator for Gold’s Real Price is a valuable piece of insight.