Has The move Out Of The Safe Assets Run Its Course?
Cory
November 14, 2019
Chris Vermeulen, Founder of The Technical Traders joins me to discuss the shift over the past few months away from the safe haven assets and into the more risk on equity markets. He points to the record outflows in some of the gold ETFs as a sign that the selling could finally be getting exhausted. We wrap the interview with a comment on the oil price.
Discussion
2 Comments
Nov 14, 2019 14:36 PM
Nov 14, 2019 14:50 PM
Silver is working on a low versus gold (SLV:GLD):
https://stockcharts.com/h-sc/ui?s=SLV%3AGLD&p=D&yr=0&mn=7&dy=0&id=p63218510132&a=700141528
GDX bottomed versus gold/GLD a month ago.
https://stockcharts.com/h-sc/ui?s=GDX%3AGLD&p=D&yr=0&mn=7&dy=0&id=p96111763583&a=700138199