“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Gold and the Long Bond
The bottom panel represents the correlation between gold and the 30-year U.S. Treasury Bond - above zero and they move together, below - the opposite happens.