Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Yen Gold Correlation Too Mainstream?


The Yen Gold relationship has gone mainstream

The long term relationship is over positive .9

The last 3 weeks has seen an interesting trend break

Could it be time to look for a correlation shift?

The Yen/Gold correlation has been positive for a long time, since both markets topped. Could the breakout of the downtrend in gold with the Yen lagging signal a new shift? Although way too limited trading time to know, one thing that is interesting is that the correlation is really mainstream within the financial markets. Those are usually the conditions needed for these relationships to change. 

An interesting thought, who's willing to take this trade....