Gold vs. Stock Markets

As the market bounce and gold reaction proceed forward, it will pay to keep an eye on the macro theme that I think is more important than most others, gold’s assigned value relative to major stock markets.  Here’s the view as of yesterday’s close.

gold vs. s&p 500 gold vs. euro stoxx 50gold vs. london ftsegold vs. nikkeigold vs. toronto stock exchangegold vs. australia aord

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