Jeff gundlach gold copper ratio
WebIs the Copper–Gold Ratio a Dependable Leading Indicator on Rates? Earlier this year, the copper–gold ratio was, in Jeffrey Gundlach's words, “screaming that… WebDec 13, 2024 · (Kitco News) Billionaire "Bond King" Jeffrey Gundlach said gold had performed well this year, and now it needs to cross the 200-day moving average on a weekly basis to send a much more bullish signal. "Gold [has] done pretty well this year.
Jeff gundlach gold copper ratio
Did you know?
WebFeb 21, 2024 · First, both Jeff Gundlach and Adam Robinson say so, and that’s probably good enough. For good measure, the theory goes like this: Copper is a useful industrial metal whose price tends to rise... WebJan 14, 2024 · He is referring to a unique relationship of copper and gold prices to the 10-year Treasury yield. In his 2024 forecast, Mr. Gundlach noted that the copper-to-gold ratio (CGR) was a "fantastic" indicator of interest rates. This sparked my interest and subsequent analyses documented in six Kitco News commentaries over three years.
WebDec 2, 2024 · Many investors heed market observations by Gundlach, the billionaire money manager and chief investment officer of DoubleLine Capital. He has said the copper-gold … WebOct 27, 2024 · The copper-gold ratio, a metric that is calculated by dividing the price of copper by the price of gold, is surging.
WebDec 27, 2024 · The ratio has trended lower since with rising yields and briefly dipped to the 430-level after the President’s recent “fire and fury” remarks. The model suggests further ratio compression to even lower levels given Gundlach’s 2.7% to 2.8% prediction; 387 and 365 pounds per ounce respectively. WebSep 15, 2024 · The copper-gold ratio is also bullish. It is signaled an increase in 10-year yields starting in early 2024. Now it signals a 2% yield on the 10-year. Real yields have been increasing since the pandemic, he said, and …
WebAug 4, 2024 · Jeffrey Gundlach @TruthGundlach. It’s only one indicator, but one that has been particularly useful: the Copper/Gold ratio suggests the 10-year US Treasury fair value yield is below 2%. 9:12 PM · Aug 4, ...
WebOct 27, 2024 · Copper/gold ratio, 1-year Source: FactSet In other words, when copper is rising and gold is falling, the economic backdrop is relatively healthy and inflation may … fort greeley on facebookWebJan 11, 2024 · DoubleLine Capital CEO Jeffrey Gundlach turned bullish on gold after it crossed the $1,800 an ounce level and believes it is a good time to purchase and hold the precious metal. Gold did well in non-dollar terms last year, but recently gold started to … fort gratiot water officeWebDec 10, 2024 · DoubleLine CEO Jeffrey Gundlach said the ratio of copper to gold prices indicates the benchmark 10-year Treasury yield should be 2%. Gundlach, who put recession chances at 75% just a... fort gratiot water tempWebJan 12, 2024 · Before we look at Gundlach’s 2024 predictions, let’s see how well his forecast from last year, which I reported on here, held up: The yield curve will steepen – Correct, … dilip thengeWebJan 8, 2024 · Gundlach is the founder and chief investment officer of Los Angeles-based DoubleLine Capital, a leading provider of fixed-income mutual funds and ETFs. He spoke to investors via a conference call on January 7. Slides from that presentation are available here. This webinar was his annual forecast for the global markets and economies for 2024. fort greeley coWebDec 9, 2024 · Looking at the copper-gold ratio, Gundlach said it suggests that 10-year Treasury yields should be higher, adding “fundamentals do not support today’s Treasury levels.” fort gratiot xfinity storeWebEarlier this year, the copper–gold ratio was, in Jeffrey Gundlach's words, “screaming that the 10-year should go lower.” Victor X. writes for Enterprising… fort greely ak lat long