Are Stocks Catching Down To Gold?
Year-to-date, the EuroStoxx 50 (Europe‘s Dow) is the best performing of the major asset classes of the developed world – besting the S&P 500 by over 300bps now. What is perhaps more interesting...
View ArticleWhat Happened The Last Time Gold And Central Banks Were So Far Apart?
From 9/11 on, Gold and the world’s central bank balance sheets were as correlated as over-consumption and a hangover (and linked just as causally we suggest). Then a funny thing happened in 2008 – gold...
View ArticleGold Plummets By Most In 30 Years, Stocks Have Biggest Drop Of 2013
A bad day all around. Liquidation continued from Asia and commodities were Baumgartner’d – especially gold and silver, suffering their biggest single-day drop in 30 years. Weak NAHB data stalled any...
View ArticleGold Has Biggest Week In 18 Months; Bonds Ignore Stock Surge
Despite CAT explaining to the world that things are nothing like as good as they have said in the past and that their ability to forecast is gone given monetary policy hindrance (paraphrasing), the...
View ArticleWhat Happened The Last Time Gold Traded Here?
In November 2009 the IMF decided it was an opportune time to authorize the sale of 403.3 metric tons of gold. Very quickly after announcing this China, India, Russia, and some EU central banks piled in...
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