SD51555
5 year old buck +
Totally random, but wanted to talk to somebody about it. Typically, gold stocks react with the gold prices but at a wilder rate. For example, if gold went up 2%, gold stocks would go up 5% or so. Now, in the past few months, gold has been stable for the most part but gold stocks are starting to get warm and are rising apart from the gold price.
Can't say with any intelligence what it means, but I thought it was interesting that they have broken that price correlation lately. The blue line is gold stocks, the red line is gold bullion. This isn't the exact way to model it, but it's close enough for novice me.
Can't say with any intelligence what it means, but I thought it was interesting that they have broken that price correlation lately. The blue line is gold stocks, the red line is gold bullion. This isn't the exact way to model it, but it's close enough for novice me.