Stocks Still Highly Suspect in Relation to Gold

Here’s SPX (SPY) vs. gold (GLD) showing two down-turning moving averages, which means the beginning of a potential new downtrend. If SPY/GLD takes out the moving averages then we can talk about a revision to the current status. But as of this day the trends are turning down. The World (ex-US) is worse off, having been in a major downtrend (notice how long the SMA … Continue reading Stocks Still Highly Suspect in Relation to Gold