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The Gold Update by Mark Mead Baillie — 494th Edition — San Francisco — 04 May 2019

Posted by Richard640 @ 9:05 on May 5, 2019  

But is it a myth that Gold and the S&P are inversely correlated? It depends as to how one views it. Better than 13 years ago on 07 March 2006 Gold settled at 554.5 and the S&P at 1275.88. Today Gold at 1280.2 is 130.9% higher … as identically is the S&P at 2945.64 … so with all due respect, Bob Frost, even having taken the road less traveled by hasn’t made any difference, (S&P dividends aside, ‘natch):

http://www.demeadville.com/NHP_HTML5_TheGoldUpdate.html

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.