Gold A "Safe Haven" In This Market Decline?

Discussion in 'Trading' started by Scataphagos, Nov 20, 2018.

  1. trader99

    trader99

    #91     Jun 3, 2019
  2. themickey

    themickey

    There is, gold has several correlations, but all are temporary. Gold has no reliable correlation to anything on a long term basis that I know of.
    Gold fwiw, has a mind of its own.
     
    #92     Jun 3, 2019
    trader99 likes this.
  3. trader99

    trader99

    Yep. These are correlations, after all, and not causation. Correlations can be fleeting else it's too obvious and everyone can consistently exploit it.
     
    #93     Jun 3, 2019