Market timing gold ETF (GLD) vs. Ten Year Treasury Yield (TNX). Note the strong negative correlation. As rates rise, gold falls and vice versa.
Market Timing Brief™ for the 3-03-2017 Close: Stock and Gold Signals OFF. Rate Signal Barely ON.
← Market Timing Brief™ for the 3-03-2017 Close: Stock and Gold Signals OFF. Rate Signal Barely ON.
Market timing gold ETF (GLD) vs. Ten Year Treasury Yield (TNX). Note the strong negative correlation. As rates rise, gold falls and vice versa.