Any big deterioration in Afghanistan will positively impact gold price. In recent times geopolitics did not impact the gold price. But this is a big failure.
Monday’s ratio between the gold and stock ETFs was the lowest since September 2005, according to data compiled by Bloomberg. The ratio was down 44% from a March 2020 peak..
As of now, I maintain my long-held expectation to see the market in the 6000SPX region in the coming years, of course, unless the market tells us otherwise.
