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A 'Changing of the Guard?'

Commentaries & Views

Featured is a chart that compares gold to equities.  The breakout at the blue arrow indicates gold rising faster than equities, after an ABC bottom.  This breakout is now undergoing a test.  Should the breakout be confirmed, it will mark an important milestone for gold, as gold will be seen as taking over the lead from the stock market.    The supporting indicators are positive. 

Peter Degraaf is an investor with over 50 years of experience.  Google him, or visit www.pdegraaf.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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