Golden_Oracle

Careful little mice

There is a turn ahead. Too much exuberance and you may miss it...
Comment: eeeeasy now. You don't have to turn around so quickly. Now you've got yourself all turned around the wrong way...

Comments

So does this mean if IXIC moves above 62.1, gld goes down because it's no longer a safe haven?
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what is this chart? IXIC?
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Golden_Oracle falakoala
@falakoala, this is the Nasdaq gold ratio. Viewed as risk vs safe haven...
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falakoala Golden_Oracle
@Golden_Oracle, very nice, do you ever look into Vix, is there any correlation here to M1 M2 future contracts in contango/bakwardisation? i usually use these for measuring possible swings but this chart you have here is very interesting
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Golden_Oracle falakoala
@falakoala, I don't believe there is correlation to the Vix here. Its similar to the dow/gold ratio. I use nasdaq/gld as nasdaq attracts more risk trades. Also nasdaq/gld removes inflation and some speculation from the chart. What you have left is safe haven vs risk, with speculation increasing the amplitude.
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