• Watch Stocks, Not The Dollar, For Clues About Gold's Next Move

    13 days ago - By ETF Daily News

    From Jordan Roy-Byrne : The fundamental drivers for Gold and the US Dollar are similar and that is why they typically trend together. Negative and/or falling real rates drive Gold and the same drives the greenback though with respect to differentials between the other competing currencies.
    When real rates are rising or strong in the US that is bearish for Gold and bullish for the US Dollar. The opposite is also true. And with the US Dollar being the global reserve currency, it naturally competes with Gold, which is an alternative. All being said, history as well as recent action suggests...
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