Last week trezheris beat stocks, however, the yellow metal has managed to bypass gold and shares and with a significant margin - based on AMarkets.
Gold performed better than shares in the last 6 months. The long-term fundamentals favor gold, not stocks - a situation not seen since the peak reached in yellow metal in 2011. The current trend, of course, still young and immature and may develop, however, can not turn around - is to watch him closely.
When investors believe in a bright future, and the GDP growth - they never prefer gold stocks. The current situation may also allude to the fact that gold as it heralds the next step Feda, who, apparently, would not meet the expectations of the majority. Ie US Federal Reserve, rather, will launch another QE, than raise rates. In simple terms - the dynamics of gold symbolizes the negative trend in the US economy.
Increasing credit spreads, as well as the fact that treasury bonds and gold traded stocks better, they say that some of the market quietly preparing for the storm.