Why gold and stocks are partying together
These booms are connected, but not in the way you may have heard
These booms are connected, but not in the way you may have heard

Equities have much of the same qualities and don’t write off bonds quite yet

Is the yellow metal seeing what other assets ignore?

Gold and silver are on a tear but buyer beware . . .

But more optimistic investors continue to bank on the cavalry arriving if things get really dicey

It’s not easy to rationalise the rally

The institutions underpinning the trading and storage of the precious metal remain opaque and under-regulated