
As the Gold price gets hammered…
The gold price is getting hammered, but its ratios generally are not… And that means something. Using the associated ETFs… Gold price adjusted by the silver price: not hammered. Gold price adjusted by the crude oil price: weak today but certainly not hammered. Gold price adjusted by broader commodities: not hammered. Gold price adjusted by equities: hammered (and consistent with the little Goldilocks phase in … Continue reading As the Gold price gets hammered…