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It’s time to stop looking at real yields to determine gold price...
Source: Michel A.Arouet
Gold market cap relative to the US equity market cap hit its highest level in 12 YEARS and is exactly at its long-term median.
Given the geopolitical and likely financial markets changes underway, will we see a repeat of the 1970s??? Source: Global Markets Investors, Incrementum AG
The Gold/Silver Price Ratio is now trading at 102x, the highest level in history since the U.S.
Dollar came off the Gold Standard (excluding the Covid scare) Source: Barchart
On April 29, the GDPNow model nowcast of real GDP growth in Q1 2025 is -2.7%.
The final alternative model forecast, which adjusts for imports and exports of gold, is -1.5% Source: Atlanta Fed
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