Market Timing Brief™ for the 9-01-2017 Close: Is North Korea a Threat with the SP500 Index Back Near Highs? Gold Breaks Out with Rates Moving Off Low.

tnx-10-year-treasury-note-vs-xgld-gold-market-timing-chart-2017-09-01

tnx-10-year-treasury-note-vs-xgld-gold-market-timing-chart-2017-09-01

Note the inverse relationship between the 10 Year Treasury Yield and Gold.

Market timing gold vs. the 10 Year Treasury Yield. Higher rates are bad for gold, unless inflation runs ahead of rates. Inflation is subdued at the moment.

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