Gold to Equities Ratios Have Bottomed
It has been a strong start to 2016 in precious metals, today notwithstanding. Gold was able to break above daily resistance at $1080 to $1090 while miners climbed higher until Friday's reversal. Rather than focus on the nominal gains I want to turn our attention to Gold's performance against other markets and asset classes. It is starting to turn in Gold's favor and that is imperative if the precious metals bear market is to end in 2016.
First published here: Gold to Equities Ratios Have Bottomed
First published here: Gold to Equities Ratios Have Bottomed
