Daily Charts - With gold up more than 30% YTD, is it too late?

1. $Gold - main 2412(GCmain)$

with gold up more than 30% YTD, is it too late? History rhymes as gold breaks out from Brobdingnagian base...

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2.Developed (ex-US) peaked vs US stocks in the 80's and it's been almost a one-way road ever since...

Will that trend ever end?

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3.During 2023 40% of companies to IPO in America were were from other countries (and almost 20% were Chinese companies)

It makes sense for many to list in the USA given US listed stocks trade at a valuation premium vs global + due to the US market being the largest and most liquid (and most covered by research analysts).

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4.High Energy Hedge?

Thoughts on relative value in energy stocks: $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$

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# Gold Hits $2700! Is $3000 Possible in 2024?

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