$Crude Palm Oil Futures(APR5) (FCPOmain.MY)$After the Fed cut interest rates by 50BP: Bonds have fallen sharply, and the long-term has fallen endlessly The US dollar index has risen sharply Gold rallied This trend is very abnormal, and in terms of correlation, the decline of long-term US bonds is equivalent to the rise of long-term real interest rates, and the US dollar is strongly negatively correlated with gold. In this case, gold has rallied against all these negative factors. Obviously, ther...
Gold prices hit new milestones last week, reaching a fresh record high of $2,600 on Friday. Expectations of further interest rate cuts bolstered the appeal of bullion, but that is not the only reason. The rising deficit rate in the U.S. is one of the key forces driving gold prices. Historically, Gold prices and the US deficit rate have shown good synchronicity historically: 1. From 1984 to 2000, the US deficit ra...
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A Humble Mooer
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no matter how many times the theory of monetarism is disproven in the real world there is no shaking it from simplistic analysis like this. "When the growth rate of the money supply exceeds the growth rate of the actual economy, it means that the real purchasing power of money may decline" thank you for at least putting in a may before decline. IMO monetarism is the reason economics is a discredited field of scholarship.
$SPDR Gold ETF (GLD.US)$ Gold Prices and U.S. Dollar Correlation - 10 Year Chart i held gld from 170-around today's price after silicone valley bank crashed a few years ago. this chart shows corelation between usd and gold. I wish I'd held longer but i went all in on sp500 exposure instead. they definitely inverse from each other. it's risky because these rate things are supposed to be meant to raise the value of usd would if successful should drop gold but cutting rates too soon cause more infl...
Safe Haven Rally After the sharp rally in gold futures that followed the onset of the Middle Eastern conflict, gold seems to be losing some of its safe haven appeal. If the war stays isolated, then we might not see the safe haven investors piling in like we saw at the beginning of October. In the chart below, you can see the safe haven rally that followed the start of the conflict and the subsequent selling. I highlighted a few local areas o...
iamiam
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gold may collapse. at least in the west. gold is moving east with most other assets. they are worth more in the east. this is not good on a larger scale. but it means we could see a collapse as the west floods to t-bills. can gold return 5% in 3 months? a tbill can. nearly everything in the west will drop compared to tbills.... the really bad part is that this has happened before, many times. first, the gold moves, and then soldiers follow it.
Will the Gold Rally Continue? Gold has been on a very strong rally off of the 52-week lows made previously this year. All year long gold's value has been held down by the strength of the dollar rally. The strength in gold started when the market started to believe that the Federal Reserve will begin slowing down its interest rate hiking regime. Many investors exited their long dollar position in masses in anticipation that treasury yields will no longer climb now th...
SpyderCall
OP
ricko
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There are so many gold and precious metal etfs. I wanted to find a solid gold mining stock with a little more beta profit potential than some of the othe large cap gold mining companies. I was a little rushed
Violets
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I noticed this yesterday and thought I really should not enter gold this high and with yields dropping but boy is it tempting. I sold a couple weeks ago
USD/XAU Forum
Bonds have fallen sharply, and the long-term has fallen endlessly
The US dollar index has risen sharply
Gold rallied
This trend is very abnormal, and in terms of correlation, the decline of long-term US bonds is equivalent to the rise of long-term real interest rates, and the US dollar is strongly negatively correlated with gold. In this case, gold has rallied against all these negative factors.
Obviously, ther...
The rising deficit rate in the U.S. is one of the key forces driving gold prices. Historically, Gold prices and the US deficit rate have shown good synchronicity historically:
1. From 1984 to 2000, the US deficit ra...
Gold Prices and U.S. Dollar Correlation - 10 Year Chart
i held gld from 170-around today's price after silicone valley bank crashed a few years ago. this chart shows corelation between usd and gold. I wish I'd held longer but i went all in on sp500 exposure instead. they definitely inverse from each other. it's risky because these rate things are supposed to be meant to raise the value of usd would if successful should drop gold but cutting rates too soon cause more infl...
After the sharp rally in gold futures that followed the onset of the Middle Eastern conflict, gold seems to be losing some of its safe haven appeal.
If the war stays isolated, then we might not see the safe haven investors piling in like we saw at the beginning of October.
In the chart below, you can see the safe haven rally that followed the start of the conflict and the subsequent selling. I highlighted a few local areas o...
📊 TARGET POINT¹ : 1928
📊 TARGET POINT² : 1931
📊 TARGET POINT³ : 1934 OPEN
⛔️ STOP LOSS × 1916
Gold has been on a very strong rally off of the 52-week lows made previously this year. All year long gold's value has been held down by the strength of the dollar rally. The strength in gold started when the market started to believe that the Federal Reserve will begin slowing down its interest rate hiking regime. Many investors exited their long dollar position in masses in anticipation that treasury yields will no longer climb now th...
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