This is not gold buggery. These are market indicators to be used in gauging which way the cyclical winds are blowing. Here is a snapshot of gold vs. some other asset markets, many of which are pro-cyclical.
Gold (GLD) vs. SPX (SPY)
Gold vs. World stocks
Gold vs. China Large Caps
Gold vs. Junk (high yield bonds)
Gold vs. long-term Treasury Bonds
Gold vs. Commodity Index
Gold vs. Industrial Metals
Gold vs. Oil
Gold vs. US Materials sector
Gold vs. Global Currency proxy
And last but never least, Gold vs. Silver
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