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Precious Metals to the Moon
These shifts are often the best times to invest in gold
15 Oct 2024 · Tuesday
Good evening, WeekendInvestor
Today’s Daily Byte
Today, we’ll discuss an evergreen topic: Is a correction coming? This is one of the most commonly asked questions we receive. When is the correction coming? When can I add more to my portfolio? Should I reduce my holdings or add more? We’ll try to analyze whether a correction is on the horizon.
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Precious Metals to the Moon
There is a unique relationship between the S&P 500, which is a key stock market index, and gold. This relationship can be measured by looking at the ratio of the S&P 500 to gold. Over the years, experts have noticed that this ratio tends to break down at certain times, and when it does, it signals an important shift in the market. These shifts are often the best times to invest in gold, as they indicate potential major gains for the precious metals market.
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