Dienstag, 21. Mai 2013

GSR vs. S&P 500: Starke Korrelation seit Herbst 2011

Dazu ein aktueller Beitrag von Zerohedge:

The Gold/Silver Canary In The Coalmine
Submitted by Tyler Durden on 05/21/2013 11:27 -0400
In general when equity prices are rising and credit spreads are tightening, the ratio of gold-to-silver prices falls as 'fear' ebbs away and confidence in a real economy returns as exemplified by the rise of risk assets. Twice before we have seen the anti-correlation of stocks and gold/silver flip to a highly correlated regime, and as Bloomberg's Chart of the Day notes, each time it suggested "stocks were due to snap". It seems a concerted push above and a 50x ratio (for gold-to-silver) tends to exhibit notably risk-off behavior. Currently, the S&P 500 and Gold-to-Silver ratio have been highly correlated since this last rally began in stocks and as HSBC's Charles Morris notes, this suggests a 'snap' in risk assets within six months..
Link: http://www.zerohedge.com/news/2013-05-21/goldsilver-canary-coalmine

Quelle: zerohedge.com

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