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The real turning point for gold bull era is Dec 2015.. at it’s exact low.
I fetched this old chart I did… and now I see why… It’s where the deficit and us equities stopped correlating… like something else now was magically keeping the markets elavated. The last remaining economic soundness behind the stock market dispappeared!
That is where I think we should of went down in us equities… where the bubble we are now should of deflated a little.
Gold KNEW this… refusing to make a new low… never looking back. Unless we re establish this relation ship… the titantic is bound to sink!
What is FYFSD?
Sorry just read your comment in my post on Dow to gold
https://goldtadise.com/?p=461513#comments
Yes you can. This chart is publically available.
What is your Tweet name?
Thanks! It is @badcharts1
Thanks
It is the federal surplus or deficit. https://fred.stlouisfed.org/series/FYFSD