As cap rates compress amid rising capital costs and with the 30-year Treasury yield hovering near 5%, real estate investors seeking yield diversification may turn to gold mining equities.
An “inflation trade” featuring a broader group of commodities is possible, even probable. The trigger would be the Silver/Gold ratio bottoming and turning up.
Gold price rise has been accompanied by rising intraday price range. Day traders are making good money or can make good money in intraday trading of gold.