Gold and Bonds: Jobs Data - Rate hike (see second chart)

6 בנוב׳ 2015

Relationship between Gold and Treasuries is at historical extreme. If the trend holds (we bounce), Gold is expected to do better then treasuries in the weeks ahead.

Past few weeks support this idea as gold begins to outpace TLT

Positive jobs data that signals a rate hike could trigger a dramatic increase in Golds price. The 10yr chart supports the timing.
Gold is more attractive in higher interest rate environments