from King World News
Stocks have soared since October but the price of gold has performed even better.
Gold Outperforming Stocks
January 23 (King World News) – Jason Goepfert at SentimenTrader: S&P has soared since October but gold has done even better.
Key points:
– Since the October low, the S&P 500 has rallied more than 11%, but gold more than 15%
– This is the first time in history that gold beat the S&P more than three months following a major bottom
– When gold showed a positive return following a low in stocks, it tended to precede more gains for both