Kitco NEWS(@KitcoNewsNOW):Gold chuffed, stocks stuffed (Kitco Commentary by Mark Mead Baillie) - Last Monday’s Prescient Commentary opened with: “November kicks off a busy week of StateSide elections’ results, employment data and earnings.” Now in hindsight, “busy” was an understatement; rather, the better adjective would have been “frenetic”. For #Gold intra-week got chuffed in rising low-to-high by +6.9% whereas the S&P 500 got stuffed in falling high-to-low by -4.7%, the “Combination of the Two” [Big Brother and the Holding Company, ’68] a most pleasing “pas de deux” one has to say, given the undervaluation of Gold and overvaluation of the S&P.

2026.11.10 13:51

Gold chuffed, stocks stuffed (Kitco Commentary by Mark Mead Baillie) - Last Monday’s Prescient Commentary opened with: “November kicks off a busy week of StateSide elections’ results, employment data and earnings.” Now in hindsight, “busy” was an understatement; rather, the better adjective would have been “frenetic”. For #Gold# intra-week got chuffed in rising low-to-high by +6.9% whereas the S&P 500 got stuffed in falling high-to-low by -4.7%, the “Combination of the Two” [Big Brother and the Holding Company, ’68] a most pleasing “pas de deux” one has to say, given the undervaluation of Gold and overvaluation of the S&P.