A 'Changing of the Guard?'
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
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