Gold's Golden Run All Set to Continue [View article]
This article is totally incoherent. Stockerati sounds like a foolish gold peddler who doesn't care about data, while claiming to be "the data-driven person I am". What a joke.
Stockerati asserts: During times of inflation or recession in the economy, Gold prices always sky-rocket.
You should have taken a look at a historical gold price chart and line it up with recession and inflation to see if there is any correlation. I see consistency.
The 200 YEAR DOW/GOLD Ratio is particularly misleading. The positive-sloped green band actually means the in the period, gold underperformed DOW except when the line dipped outside the band briefly for a few times.
I believe gold will go up, but not for the reasons the author made up.
Gold's Golden Run All Set to Continue [View article]
I see no consistency.
Gold's Golden Run All Set to Continue [View article]
Stockerati asserts:
During times of inflation or recession in the economy, Gold prices always sky-rocket.
You should have taken a look at a historical gold price chart and line it up with recession and inflation to see if there is any correlation. I see consistency.
The 200 YEAR DOW/GOLD Ratio is particularly misleading. The positive-sloped green band actually means the in the period, gold underperformed DOW except when the line dipped outside the band briefly for a few times.
I believe gold will go up, but not for the reasons the author made up.