Gold vs The Stock Market – Can You Really Consider This Outperformance?
Jordan Roy-Byrne, Founder of The Daily Gold joins me to address how the precious metals have been performing compared to some other key markets. We start with the gold to S&P ratio which some commentators have been noting gold’s better performance. However a long term chart is showing a different picture. Next is how the USD is impacting the metals. A lot to consider but always remember that these other markets play a huge roll in gold’s direction.
Click here to visit Jordan’s site – The Daily Gold. He has a lot of free content even if you are not a subscriber.
In other words, the fact that small businesses are signaling a slowdown in hiring suggests we may be in for more weak employment reports in the months ahead, a prospect neither stocks nor bonds are discounting at the moment.
75million credit card behind 90 days……..
Not a good sign…..5th time …
https://www.zerohedge.com/news/2019-03-13/fifth-time-charm-sp-hits-key-resistance
Where do you find the numbers , that there is a lot of cash on the sidelines…..
Thanks for the info
OOPs………….Boeing….crashing , will have an effect on the markets…..
https://www.zerohedge.com/news/2019-03-13/faa-alone-world-canada-orders-grounding-boeing-737-max-8s
Update (2:30 pm ET): President Donald Trump said the U.S. is grounding flights by Boeing Co.’s 737 Max aircraft “effective immediately” following the model’s second crash in five months on Sunday.
“Planes that are in the air will be grounded…upon landing at the destination…All airlines are agreeing with this.”
“The safety of the American people and all people is our paramount concern,” Trump said Wednesday at the White House.
Novo Resources has broken out and is up big the last two days on above average volume. Hopefully all here have some exposure.
Is Canada’s Decade Of Underperformance Over?
by @allstarcharts on March 13, 2019
“It’s been a frustrating period for stocks in Canada over the past decade. Up just 7% since their 2008 highs, Canadian equities have been consistently underperforming for almost 10 years. But are things now finally changing?”
https://ceo.ca/@allstarcharts/is-canadas-decade-of-underperformance-over
https://www.zerohedge.com/news/2019-03-13/small-business-hiring-suggests-we-may-see-more-weak-employment-data