Gold in Real Terms Since 1960

Gold in Real Terms Since 1960 Gold peaked on January 21, 1980 and would need to rise to $2,764/oz to make new peak. Picture source: Deutsche Bank Global Research

Gold Fund Flows

Gold Fund Flows Investors are flooding into gold as fears of a global slowdown mount. Picture source: BofA Merrill Lynch

World Central Bank Gold Holdings

World Central Bank Gold Holdings In the current environment, where uncertainty surrounding emerging market currencies is high, this chart shows the robust EM central bank demand for gold. Picture source: Deutsche Bank

Historical Gold Bull Market Rallies

Historical Gold Bull Market Rallies Is it the start of a new gold bull market? This chart shows gold bull markets rallies compared to the most recent. Picture source: VanEck

Gold Sentiment at Annual High

Gold Sentiment at Annual High The gold price ‘risk radar’ index is flashing red (-2.1 standard deviations). Picture source: Sentix, Bloomberg Finance L.P.

Copper vs. China and Gold vs. U.S. Real Yields

Copper vs. China and Gold vs. U.S. Real Yields Copper price is underperfoming gold, because China 10-year yields and U.S. real yields are falling. Picture source: Topdown Charts

Annual Performance of Gold and the S&P 500 since 1980

Annual Performance of Gold and the S&P 500 since 1980 One of the advantages of gold is that it is uncorrelated to the U.S. stock market and provides diversification in a portfolio. Picture source: The Wall Street Journal

The Gold to Oil Ratio since 1985

The Gold to Oil Ratio since 1985 When the gold to oil ratio approaches 30x, oil is undervalued. When it approaches 10x, gold is undervalued. Picture source: Goehring & Rozencwajg