Based On Math Gold Is Set To Rally

Everything is hot! It’s hot in Texas, we have hot interest rates rising and hot geopolitics, but gold is cool. I explain how gold stocks compared to the S&P 500 on a ratio basis are at a huge discount. When looking at the price from a mathematical standpoint, gold is due for mean reversion, as it is currently down two standard deviations. Historically, in the following three months after being down two standard deviations, gold has rallied 77 percent of the time.

Video Length: 00:03:06

Disclosure: All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.

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