US EditionDow to Gold Ratio Breakdown: What’s the Downside Target for Stocks?
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Dow to Gold Ratio Breakdown: What’s the Downside Target for Stocks?
by Money Metals GoldSeek The U.S. dollar has been breaking down as capital continues to flow out of America, creating a strong tailwind for gold. Meanwhile, the yellow metal rallied to $3,500 in last night’s overnight session but has since pulled back to trade near yesterday’s close of $3,437. […] Frenetic Chinese buying is a major driver fueling this month’s gold rally, but so is the rotation of capital out of stocks and bonds into the best-per…
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