Interesting Graph from Man Group, The Bond Problem
The question the ask is; given super low yields, should you replace the Bonds with gold?
Well its not a simple yes or no but they provide this interesting graph showing how gold and SNP returns are related.

and Correlation trend is not your friend,

Kind of mirrors what I saved before:




The above are screenshots from a report called: "US Economic Outlook & Implications of Current Policies for Inflation, Gold and Bitcoin (15th in our COVID-19 Series) by Goldman. Sadly the dropbox link to the full presentation is dead.
For more interesting info see below 👇
📙 Let’s Keep Democratizing Finance, Shall We? Jan 2021 Buyside Research