Monday, November 30, 2009

Move Over King Dollar for Gold is Emerging as the New Flight-to-Safety Trade, as it Begins to Decouple from the Dollar

Off late we have been noticing an interesting phenomenon. Gold seems to be decoupling from its negative correlation with the dollar. Is gold on the path to replacing King Dollar as the New Flight-to-Safety Asset? We certainly think so, and in the paper below we examine the evidence. (For our email/feed subscribers - please click on the link below to view the paper).
Gold Decoupling From the Dollar and Emerging as the New Flight to Safety Trade

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