Here's GLD
We have identified the correlation in GLD, it is acting as a QE sentiment indicator as QE is good for GLD, this is why it keeps moving higher every time we get a bad report.
Now does the QE sentiment leak over to the market?
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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