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Strategies & Market Trends : Take the Money and Run

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To: Patrick Slevin who wrote (17616)4/13/2013 8:09:40 PM
From: John P  Read Replies (1) of 17636
 


Hi Patrick, I went back and looked at the data going back to 2000. There actually, was one other time since 2001 that Gold made lower low than during the previous year . Gold ended 2007 around 775 or 780 and slipped all the way back to 681 on a single day in Oct but that was during the Great Financial Crisis. The Biggest Global Crisis in our Lifetimes.

I was looking with a investment buddy at a very interesting chart which shows the correlation between the spread of the 2 and 10 year note and then does an overlay against the SPX........ It is showing the biggest negative correlation that it ever has....... We are not sure what it means but, we are seeing a number of very unusual things going on.......

John
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