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DGLD - Gold Bulls: Midweek Fed Meeting Could Be Jarring
Credit Suisse AG
The equity markets have enjoyed an almost V-shaped recovery since the March sell-off, and the Nasdaq 100 (QQQ) now finds itself sitting right at its all-time highs with the S&P 500 (SPY) following close behind.
Equity markets and precious metals like gold (GLD) and silver (SLV) have strengthened in tandem during this rally, and I attributed this development to the burgeoning supply of money induced by global central banks ("Going Long Both U.S. Equities And Precious Metals").
SLV in particular exhibited an attractive set-up on the