Tag: I don’t necessary see the breakout in gold as a good thing for 2024
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Gold BREAKOUT…good or bad news? 231214
This week’s Fed FOMC meeting solidified investor hopes for lower interest rates in 2024. I’m not sure why, nothing has changed. But…as a result, both gold and stocks are attempting to breakout. Will this positive correlation hold? Is it a harbinger of good or bad things to come? Below are three charts comparing gold to…