Dancing the Jig in Equities and Gold


	LIVE Gold Prices $ \| E-Mail Subscriptions \| Update GoldSeek \| GoldSeek Radio

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page

GoldSeek.com >> News >> Story	Disclaimer

Latest Headlines

GoldSeek.com to Launch New Website
By: GoldSeek.com

Is Gold Price Action Warning Of Imminent Monetary Collapse Part 2?
By: Hubert Moolman

Gold and Silver Are Just Getting Started
By: Frank Holmes, US Funds

Silver Makes High Wave Candle at Target – Here’s What to Expect…
By: Clive Maund

Gold Blows Through Upside Resistance - The Chase Is On
By: Avi Gilburt

U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months
By: Steve St. Angelo, SRSrocco Report

Gold's sharp rise throws Financial Times into an erroneous sulk
By: Chris Powell, GATA

Precious Metals Update Video: Gold's unusual strength
By: Ira Epstein

Asian Metals Market Update: July-29-2020
By: Chintan Karnani, Insignia Consultants

Gold's rise is a 'mystery' because journalism always fails to pursue it
By: Chris Powell, GATA

Search

Dancing the Jig in Equities and Gold

-- Published: Friday, 8 April 2016 | Print | Disqus

The cha-cha and baton pass between asset classes dances on.

As gold has taken the lead and made forward progress - taking two steps forward and one step back; equities have mimicked gold's moves - albeit, losing a half step along the way.

Over time - and as framed below by the chart of the financial sector and the gold miners, we expect the divergence in performance to narrow considerably, as gold leads the commodity sector finally out of a cyclical low and as equities retrace from a corresponding high.

At the end of last year we speculated that precious metals investors would finally find themselves on the right side of the market this year, after the sector had languished with replicating downside moves over the past three.

Overall, the third time appears to be the charm - as gold and the gold miners have broken pattern. That said, over the near to intermediate-term we suspect that the retracement decline is still underway - which could extend throughout the spring and along the lines of the banks in Q2 2012.

And while the yen's leading performance points towards a continuation of the sector's nascent uptrend later this year, the US dollar continues to tread water near the lows from last fall, where we have expected another bounce to materialize.

Should the dollar break below the lows from last October over the near-term, it would likely correspond with the next leg higher for gold and the broader commodity sector. From a tactical perspective, however, we believe the former is still more likely.

http://www.marketanthropology.com/

| Digg This Article

-- Published: Friday, 8 April 2016 | E-Mail | Print | Source: GoldSeek.com

comments powered by Disqus
Previous Articles

news.goldseek.com >> Story

E-mail Page | Print | Disclaimer

Gold Headlines | Gold News Wire | Gold Price Charts | Gold Stocks | SilverSeek - Front Page

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.