DGR
Dow Gold Ratio
Goldbugs believe it should be and will be 1:1 which it was for about 5 minutes back in January 1980.
This belief is based on ?
Here is how it looks to me long term .
It pains me to show these kinds of long term charts and I really do NOT want to see this play out obviously being moderator of a Gold Site…but we can’t rule these kinds of charts out.
shoot the messenger
sheesh
OTOH…Here it is in LOG form…maybe we get a Spike in Gold vs Dow right about here.
I cant post a chart on here but Gold/SPX ratio has peaked at 4-6 three times since 1890s.
Depending on how you look at it theres peaks every 40-50 years or so.