Gold, Stocks and the Dollar: The Rise and Fall of a Correlation
by Peter Cohan on Jan.24, 2011, under Towing
For the past two years, the relationship between the dollar, stocks and gold was strong. When the dollar dropped, stocks and gold rose, and vice versa, nearly all the time. But since New Year’s Day, that link has completely vanished, which is terrible news for the gold bugs.
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Gold, Stocks and the Dollar: The Rise and Fall of a Correlation originally appeared on DailyFinance on Mon, 24 Jan 2011 11:30:00.
Filed Under: Columns, Economy, Investing, Investing Basics, Currency



