Gold as save haven? No expiration timeframe, no extension possible.
S&P500 correlated to deutsche bank (DB) Highly correlation between them. A price of 12,00 for one stock deutsche bank is to high.
take a look at this figure:
in bad fincial times we seek really horrible figures... On this moment Europe and the US have more or less the same problems in political and financial way as in 2008
take a look at my last report:
we are seeing that gold is a save investing, and the S&P reacts on financials.
information derived from Bloomberg, ING TA/FA none of these information influence the market, trading is at you'r own risk.