Inflation vs. Gold
First, a few things about the chart. The Pring Indexes are simply a basket of stocks that either do well in an inflationary environment (!PRII) or deflationary environment (!PRDI). I simply created a ratio to measure who is winning!
Next, look at the last two years. Deflation is rearing its ugly head again. And finally, notice how gold reacts to inflation vs. deflation.
That’s an important chart for sure, KenS.
Excellent work – thank you!
We need oil to go UP
Never heard of these indices, Good find KenS
Strong Co relation