Jim Bianco (@biancoresearch) 's Twitter Profile
Jim Bianco

@biancoresearch

Macro investment research at biancoresearch.com

Our total return index is at biancoadvisors.com
The ETF WTBN tracks our Index.

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linkhttp://www.biancoresearch.com calendar_today08-09-2010 15:33:44

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Gold made another new high today (up ~2% from its low). Gold has been in a strong uptrend since July (green channel) and has outperformed BTC, SPX, and Mag 7 stocks over this period. Rate cut fever has been very bullish for gold. So, what is the "signal?" Policy mistake?

Gold made another new high today (up ~2% from its low). 

Gold has been in a strong uptrend since July (green channel) and has outperformed BTC, SPX, and Mag 7 stocks over this period.

Rate cut fever has been very bullish for gold.

So, what is the "signal?" Policy mistake?