[h=1]Gold is sending a dark sign that 'almost everything has changed' in the market[/h] [h=2]Investors need to be paying attention to the move in gold and the US dollar, Raoul Pal and Grant Williams, cofounders of Real Vision Television, both said.[/h] By
Julia La Roche 7 hours ago
... For gold and the dollar to move in the same direction is not normal. It?s actually a sign of uncertainty or financial stress.
?It doesn?t happen often, but when it does it?s a sure sign people are nervous?saw it in 2008, saw it in the 30s. It?s a sign we are at a point of critical stress,? Williams told Yahoo Finance in a phone interview. ?It is a big deal. It?s a very rare occurrence,? Pal also told Yahoo Finance.
Pal continued: ?This never happens?It?s a dark sign. People are forced to buy dollars because of the global carry-trade. They want to own gold because in a negative interest rate environment?if your interest in Germany is -1%, you?re better off to own gold.?...
