InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,554.13
(
1.07%
)
US TECH 100
18,806.00
(
0.33%
)
Dow Jones
40,861.71
(
0.31%
)
Brent Oil
71.47
(
1.35%
)
Bitcoin
58,118.34
(
1.34%
)
Post# of 704019
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

rossi

Send PM Follow Ignore
Followers 6
Posts 1289
Boards Moderated 1
Alias Born 07/07/2002

rossi

Re: None

Sunday, 10/03/2004 3:05:55 PM

Sunday, October 03, 2004 3:05:55 PM

Post# of 704019
Traditional POG/Bonds relationship
by: Casual_Techwatcher 10/01/04 09:01 pm
Msg: 438257 of 439063

Traditional POG/Bonds relationship may be returning to normalcy, or at least for this week --- POG rallied 11.50 while 30-yr bonds dropped almost 2 big points. Historically gold and bonds go in oppositise directions, as both tend to be inflation indicators. However, this relationship has been temporarily shifted since 911, as flight to quality has overtaken inflationary concerns.

Gold's long term trend should be opposite to that of bonds, and return to that relationship for this week may signal a shift in market thinking that should favor the PM sector.

JMHO
Casual Techwatcher
10/01/04
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up