VNQ is close to breaking down vs Gold. Means Gold more favorable than VNQ if it breaks down.
Why it matters:
Why it matters:
- Assumption 1: If this long macro cycle rolls over, it is better to own Gold than VNQ.
- Assumption 2: If better to own gold than VNQ, is it better to own Gold vs SPY? That too is about to roll over.
Comment:
Here is the link to the Gold vs SPY:
