Some gold (GLD) ratios for you macro indicator dorks like me…
Gold vs. SPY, despite yesterday’s dive bomb…
Gold vs. Global (ex-US)
Gold vs. Commodities
Of interest to gold miners, Gold vs. Oil
Gold vs. Industrial Metals
And finally, last but never least Gold vs. Silver, looking rather sedate compared to the above. But it’s exerting enough pressure I guess to stop the miners for now as its implication impairs US and global stocks and commodities.
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