Gold Is At Extreme Correlations Against Stocks, Bonds, & Oil
by Eric Bush via Gavekal Capital blog,
ZeroHedge.com
Aug 17, 2016
Gold has been exhibiting some extreme correlations over the past three months. And by extreme, we mean the most negatively correlated it has been to stocks, bonds and oil prices in decades (or ever in some cases)…the only other times this happened was when the US was in the middle of a recession (1991, 2001, 2008).
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