Loading ...After the Gold correction started in late 2011, SnP/Dow went opposite gold. Dow Gold going in opposite directions until Feb ’16.
By over laying DIA SPY and GLD all on one chart, you can see after Feb, Dow and Gold have been going up together. One of the two could be “lying”. Probably the Dow/SnP.
But…..Maybe the dow higher with Gold YTD, has been giving the mining shares a tailwind?