The Daily Gold, Released on 5/29/24

There is a history of precious metals diverging from the stock market and it has occurred during stagflation and around the start of secular bear markets in stocks. The Gold to 60/40 total return portfolio ratio provided secular confirmation of bull markets in Gold in 1972 and 2002. This also coincided with a cyclical negative correlation of Gold and precious metals to the stock market.

Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.

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