Gold - a sell?

 

"My model" also warning Gold rush is over…..both on model and on fundamental REAL RATES as per below…..

 

 

 

Gold – time to sell the rally….

 

 

 

 

Real rates….creeping up……

 

 

 

 

 

 

Med venlig hilsen  |  Best regards
Steen Jakobsen  |  Chief Investment Officer

 

Saxo Bank A/S  |  Philip Heymans Allé 15  |  DK-2900 Hellerup
Phone: +45 39 77 40 00  |  Direct: +45 39 77 62 23  |  Mobile: +45 51 54 50 00

 

Research: http://www.tradingfloor.com/traders/steen-jakobsen

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