Business Insider…….While gold prices were on their ascent, we heard some bullish calls from high-profile Wall Streeters that would make dotcom era equity analysts blush. For whatever reason, gold ultra-bulls argued that the precious metal would be worth multiples of where it is today. We’ve heard targets from $5,000 to $46,000.
With nothing to do on a cold Melbourne morning other than freeze to death I thought I would dust off this old spreadsheet on correlations. These are the ASX20 plus the All Ords and the S&P500. Correlations less than 1 are in red and those greater than 0.6 are in blue. Make of it what…
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I was having breakfast with Scott L out systems tester extraordinaire the other day. Our chice of venue for such outings is a cafe in Brighton. Not because it is half way between our two abodes but rather that it boast a boat ramp. And as everyone knows a boat ramp is the best free…
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