Daily Charts - is the Gold Price too high?

Callum_Thomas
01-09 07:37

1.The thematic Capex boom of 2023/24 was a key and somewhat surprising development...

Can it continue in 2025 and beyond?

Key Charts of 2024

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2.rising bond yields is not a mystery, it's entirely consistent with a short rate cutting cycle

(i.e. the bond market believes the Fed is basically done with rate cuts)

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3.CATASTROPHIC LOSSES 😱

44% of all companies ever in the Russell 3000 experienced a catastrophic loss at some point during the past 40yrs.

(which is defined by JPM as 70% decline in stock price from peak levels which is not recovered)

Some interesting stats (e.g. compare and contrast the cyclical vs defensive sectors)

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4.It took the average worker in America about 15 hours of work to buy an ounce of Gold back in 2001...

That figure is now 75hrs (~2 weeks) !

-- is the Gold Price too high?

(or are Wages too low?) $Gold - main 2502(GCmain)$

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