You make a good point, and it is probably correct about the reason for both gold and stocks rising together. I don't expect it to continue, however. It could break either way, though.
According to some, the current gold rally is due to speculation of a continuation of the Washington Accord. But there are also many saying that gold is an enemy of a scheme the Fed is trying to pull off. Aren't these beliefs contradictory?
I have been thinking along your same lines. Has any asset gone down in value this year besides oil?
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