The percentage declines are similar (both greater than 25%) prior to the bottom and the rally of 10% is the same so far. The only difference this time is we are seeing a sharp drop in Gold relative to Bonds and it is setting up a spread. At some point gold becomes a buy, relative to bonds.
Let's see if we can nail when Gold will outperform TLT .
Tim 3:00PM EST, TLT 111.48 last, GLD 119.76 last. June 4, 2014