Has Gold Become Correlated to the Stock Market? [View article]
Gold isn't really correlated to the stock market. They can run together or run apart. The same is true for gold stocks. I have read a LOT about what happened at various times in panics and crashes. Gold may run with the markets for a while then separate. Gold can also go up with the dollar or run against the dollar. For safe haven buying, and we certainly need that now, go gold and silver.
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Gold isn't really correlated to the stock market. They can run together or run apart. The same is true for gold stocks. I have read a LOT about what happened at various times in panics and crashes. Gold may run with the markets for a while then separate. Gold can also go up with the dollar or run against the dollar. For safe haven buying, and we certainly need that now, go gold and silver.
Nov 24 10:38 am
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