If you look at the pattern of gold over the past couple of months, it's very similar to the...

|By:, SA News Editor

If you look at the pattern of gold over the past couple of months, it's very similar to the action in the S&P 500, says Deutsche's Joe Lavorgna. The recent rally in equities has been on the back of better economic data. The corresponding move in gold may actually be an anomaly where it's mirroring the risk-on move in stocks as recession fears subside. (video)