So while the s&p:gold ratio to it's average has already flipped to the-ve, the s&p:wti to it's average still looks fine, ie oil has not gone up yet wrt s&p.
Is your belief that it will is due to middle east eascalations, or does the s&p :gold behaviour lead it.
From a retail investor trying to figure things out
Historically there is 3 to 6 months between the flip of the SPX/Gold ratio below its 7-year moving average and the flip of the SPX/Oil below its 7-year moving average. That event can simply be indicted by the heating up war cycle in the Middle East pushing oil price higher while at the same time political uncertainties around the White House push the S&P lower. In any cases nobody should own bonds in the current environment and next week you will see how Gold not Bond is the Antifragile asset to own for the rest of the decade at least.
So while the s&p:gold ratio to it's average has already flipped to the-ve, the s&p:wti to it's average still looks fine, ie oil has not gone up yet wrt s&p.
Is your belief that it will is due to middle east eascalations, or does the s&p :gold behaviour lead it.
From a retail investor trying to figure things out
Historically there is 3 to 6 months between the flip of the SPX/Gold ratio below its 7-year moving average and the flip of the SPX/Oil below its 7-year moving average. That event can simply be indicted by the heating up war cycle in the Middle East pushing oil price higher while at the same time political uncertainties around the White House push the S&P lower. In any cases nobody should own bonds in the current environment and next week you will see how Gold not Bond is the Antifragile asset to own for the rest of the decade at least.
Stay tuned
I am quite stunned by this. Thanks