Call it a Cascade

日期:2013/02/18

Call it a cascade or call it the conservation of energy, or call it signaling or money outflows—- But the decline of 60 bucks of gold in a week to below 1600 intra day sends the storm signals up. It could happen while one was long. I looked at the effect of gold down 60 bucks in a week as of a Friday. And it's happened 18 times in last 13 years. It seems to have no inordinate effects statisticlly– being bearish for the stocks and oil and bullish for the dollar and bonds and gold in the next few days and someewhat bullish for the stocks on a 2 week basis.