Stock Market Bubble and Gold

In January, the Dow Jones Industrial Average broke above the symbolic 20,000 for the first time ever. This development raised again concerns about the condition of the U.S. stock market – further gains could be a headwind for the gold market, but the end of the bull market would support the yellow metal. The valuations were at record highs even before the presidential elections, but Trump’s rally elevated them further, as the chart below shows.
The Market Oracle

, , ,

Comments are closed.