Gold Investments Market Update - Dow/Gold Ratio of 1:1 or 2:1 in Coming Years?
Published by Mark O’Byrne under
Market Updates |
Gold has given up some of last’s weeks very large gains and is down 0.6% after Asian and early European trading. With gold up some 13% so far in 2009, some correction and consolidation may be necessary prior to overcoming resistance at $1,000/oz.
The inverse correlation between stock markets and precious metals was seen again last week as gold and silver surged by over 6% while most major stock markets were down by some 6% (S&P 500 was down by 6.8%).
Continue Reading >
The answer to this global credit debacle is transparency. There are enormous sums of investor money waiting in the sidelines. The reason they have not been invested yet is due to a lack of transparency within the balance sheets of those institutions that constitute the global financial landscape. Make no mistake; capital needs to be deployed in order to create a return. With such uncertainty surrounding the global capital markets it is entirely normal that investors would pull back until a sense of clarity itself develops.
The following is an excerpt from John Kay's new book 'The Long and the Short of It: Finance and Investment for Normally Intelligent People who are not in the Industry’ as published in the