Jump to content



Photo

anyone notice gold's strong negative correlation to GS?


  • Please log in to reply
4 replies to this topic

#1 Charvo

Charvo

    Member

  • Traders-Talk User
  • 375 posts

Posted 02 June 2017 - 05:23 PM

When I look at the two assets, it looks like they are opposites.  I see this has been going on for at least 5 years.  Do these guys short gold in mass quantities?  They must truly be tied to the lifeblood of the American economy, and the economy is weak.



#2 gannman

gannman

    Member

  • Traders-Talk User
  • 4,213 posts

Posted 02 June 2017 - 07:01 PM

i havent noticed but they ALWAYS talk down gold that is for sure 

 

i have never seen them bullish on gold that i can remember


feeling mellow with the yellow metal


#3 dougie

dougie

    Member

  • Traders-Talk User
  • 5,693 posts

Posted 02 June 2017 - 10:38 PM

They might just want it weak for themselves

#4 Charvo

Charvo

    Member

  • Traders-Talk User
  • 375 posts

Posted 02 June 2017 - 11:41 PM

 

When I look at this chart of the ratio of GS vs 2x gold, it looks like Goldman Sachs is the anti-gold.  I've tried it with other stocks.  It doesn't work.



#5 roko1932

roko1932

    Member

  • Traders-Talk User
  • 3 posts

Posted 05 June 2017 - 06:14 AM

When I look at the two assets, it looks like they are opposites.  I see this has been going on for at least 5 years.  Do these guys short gold in mass quantities?  They must truly be tied to the lifeblood of the American economy, and the economy is weak.

I haven't noticed major change