08/06/2012

Gold Divergence from Equities is about to End

    by John Galt June 8, 2012 05:30 ET   On my radio program of June 6, 2012 I pointed out how gold has been leading the equity markets. In this commentary, I shall show how the two divergences from 2007 to this year will end and result in a short term collapse in stock prices. First, let’s review the chart of the S&P 500 versus the GLD ETF from 2007 to June 7, 2012: The initial divergence as highlighted in the chart above shows that gold and equities had…


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