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Gold versus Silver versus S&P 500 Growth 2009 to 2020

Long
OANDA:SPX500USD   S&P 500 Index
Gold and Silver outperformed the S&P 500 from 2008 to 2011.

Recently these markets have been moving together (in the same direction) but Gold/Silver has outperformed.

Will they start to decouple - S&P 500 (and equities more generally) start declining and Gold/Silver continue to go up?

What is next?

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