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Tuesday, 2 August 2016
Is it true that gold and equities move in opposite directions? The answer is No.
Is it true that gold and equities move in opposite directions?
The answer is No.
2002-2007: Stocks-equities market had bull market and gold market also had bull market;
2009-2011: Stocks went up, Gold also went up;
2012-2015: Stocks up, Gold corrects down; many people are then brainwashed with wrong concepts by the media and naive analysts that these are inversely correlated. There is no necessary inverse-correlation.