vs. Gold

Time for another installment of the ever popular vs. Gold using ETFs as usual.

SPY/GLD has been bouncing but is still suspect at best.

ACWX/GLD is bearish below the moving averages, which are trending down.

DBC/GLD is pure bearish, pure counter-cyclical.

USO/GLD though bouncing a bit, is good stuff for gold mining operations.

DBB/GLD is bouncing but still in tank (and counter-cyclical) mode.

TLT/GLD has been dropping lately but Treasury bonds continue positive vs. gold on the intermediate and long-term trends.

Finally, SLV/GLD is a trigger to something that would one day make us a lot of money (out beyond just the precious metals sector). As of this moment, it’s un-triggered.

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