Gold and stocks’ correlation to hold; both will trend higher

The gold market and equities have been rallying together for the last few months as they are being driven higher by the same factor: unprecedented money printing and stimulus measures, according to one Canadian fund manager.
In an interview with Kitco News, Hans Albrecht, portfolio manager at Horizons ETF, said that equity markets are seeing a rally because of all the money the central banks have created. However, at the same time, investors are turning to gold as they look for hedges against rising inflation and currency debasement as a result of all this stimulus. (show less)

The gold market and equities have been rallying together for the last few months as they are being driven higher by the same factor: unprecedented money printing and stimulus measures, according to one Canadian fund manager.
In an interview with Kitco News, Hans Albrecht, portfolio manager at Horizons ETF, said that equity markets are seeing a rally because of all the money the central banks have created. However, at the same time, investors are turning to gold ... (read more)

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