Summary of Gold vs Stocks: Secular Trend Emphasis // E03
The video discusses the concept of alternating emphasis between hard assets like gold and soft assets like equities over a secular period of time, longer than a business cycle. This is based on historical trends and the relationship between material prices, interest rates, and inflation. The presenter emphasizes the importance of diversification using assets with low correlation to equities, such as gold and commodities, to reduce risk and increase returns in a portfolio. The technical aspect involves using relative strength analysis, trend lines, and moving averages to identify trends and allocate investments accordingly. John Murphy's work on intermarket analysis is recommended for further study.
Presenters
- John Murphy (concept)
- Robert Levy
- Jagdish
- Titman
- Prashant Shah
Notable Quotes
— 00:52 — « that's called a business cycle anything four to.", " »
— 01:26 — « for alternating emphasis between hard.", " »
— 02:15 — « become weak weak can become negative negative can become positive that has to be always tracked but coming back to the.", " »
— 03:52 — « happen in 2022 when covid C when money was easing.", " »
— 04:00 — « when so much money was out in the system what happened what happened was late 2022 the sector that performed the best was Commodities."]. »
Category
Business and Finance