Gold is historically inversely correlated with the S&P 500 and has the same uptrend, making it an effective portfolio diversifier that can benefit from rebalancing gains if stocks reach 10,000 by 2029.
factualpending
Speaker
Ed YardeniEvidence Quote
“It it has historically been inversely correlated with the S&P 500. Uh but it's also had the same trend. So, if my base case scenario of getting to 10,000 on the S&P 500 by the end of the decade, by the end of 2029 works out, I think the price of gold could get to 10,000 on rebalancing”
Created: 8/12/2026, 6:33:34 PM
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