Quote:
Originally Posted by GFED
DIA pays a 3% dividend yield at 163. It's a buy at and under that level. We should see some divergence in the indexes as we did with IWM all of last year.
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Here's my issue with Gold:
Gold usually rises during Indian wedding season and into Chinese New Year and then falls off in the summer. As gold is relatively low and physical demand relatively high, that could continue into the summer if markets sell off even more which they may well do (Sell in May etc).
Then my thinking is that (unusually) gold could peak during the summer as the dollar is weakened but that weak dollar could give the economy a year end boost which in turn would boost the stock market and the dollar, and crush gold.
So Gold could rise into summer only and drop off at year end. Am I wrong?