Recent volatility in the equities market has driven safe-haven demand for gold -
DJIA off more than 200 points -
U.S. yields tumbled as hopes for a 2015 rate hike further eroded. The 30-year yield hit a record low of 2.396%. The 10-year broke below the 1.86% low from last October, reaching 1.784%; a level last seen in May of 2013.
Seasonality Is Supporting Gold In The Weeks Ahead - Gold Silver Worlds | January 13, 2015 | Category: Investing Tags: gold prices, gold seasonality
The chart below shows the seasonal pattern for gold. Notice that gold gained an average of 2.1% in January and is up 55% of the time. February was also a positive month -
Croesus thanks, me as a hobo - its not late - its just to make sure the train going in the right direction before jump on it - ~<smile)
God Bless
My opinions are my own and and DD I post should be confirmed as unbiased
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