Gold Follows Stocks Vertically

Tyler Durden's picture

Because if stocks like the prospect of imminent printing, or at least the latest daily rumor thereof, until Germany once again opens its mouth and refutes everything, gold should love it. Sure enough, the yellow metal has opened $20 higher and is back over $1700 again.

Incidentally for anyone still clamoring about a bubble in gold, the following often recycled chart by Don Coxe should put things into perspective.