Can the Gold Bull Market and the Bull Market in Stocks coexist?
They can. They have been, and they will...
I don't know about you, but based on the posts I see almost daily, it looks like like 99% of the Fools who are bullish on gold are also very bearish on stocks, and by the same token, 99% of the Fools who are bullish on stocks are also very bearish on gold?
I even remember seeing posts where these two groups of Bulls (or Bears, depending on how you look at it) got into very heated debates and ended up calling each other some pretty bad names.
Fools, there is no need for that. Belive me. Just look at the facts.
Ever since the Bull Market in stocks started back in March of 2009, both of these Bull Markets lived right next to each other. Happy as can be. No arguments, no fights, no nothing. Just happy to steadily go up.
Let me show you what I mean (a picture is worth a thousand words):
Do you see it? Don't these two lines (GLD tracks Gold, and SPY tracks S&P 500) look like a very happy, harmonious couple going up almost hand in hand? They do, don't they?
So if these two Bull Markets are so happy, and have no beef with each other, why do we (with our "theories", which btw. have failed so many times) have to try to create a problem where there is no problem?
So don't be a divider, be a uniter. And try to profit from this trend (by acknowledging that the market is always right)...
Good Luck Fools!
With this post, and the chart above, I'm not trying to show that the Stock Market is outperforming the Gold Market. I know that Gold Market has been kicking Stock Market's ass for the last ten years.
I just think there is an obvious pattern of these two bull markets being able to coexist (because of what's going on in the world today), which I think will continue for another two years or so. Maybe even five.
I'm not saying they both will go up during the same week, or even the same month or quarter, but I think when we look back at 6, 12, 18, 24-months charts, we will see that both continued going in the same direction. Up...