Key Gold Indicator Still Mired in Bear Country

The Grasberg-Saville Gold Rating (GSGR) spent its 10th week in bearish territory below 50 with little indication of respite (Actual Reading = 40).

The Grasberg-Saville Weekly Gold Rating measures the following fundamental drivers:

  1. Treasury Inflation-Protected Securities (TIPS)
  2. KBW Bank Index Inverse Change Ratio
  3. 30-Year/Dollar Ratio
  4. 30s/5s Yield Curve Change Ratio

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