A chart of an observation in gold $spy $spx $gld #gold #stocks
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It is very interesting that in 2008 gold also dropped so substantially during the crisis however it actually ended up bottoming first and then rallying much higher.
The margin call pitch on gold that stunned many gold bugs when equities crashed can be explained by looking at this likewise extreme event in the past.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.