Years ago, Peter Schiff had suggested it would be more important to
watch the ratio of the stock market priced in
goldrather than the
stock market priced in
dollars. In ProphetCharts, he tried to see what
the SPY/GLD ratio would look like, and it yielded some interesting
results. I’ve done the same thing, and I’ve got to say, this is a
graph that gets my attention. It suggests more upside, but the
long-awaited reversal could be a very powerful one. (In an ideal
situation,
bad for stocks and good for gold).
Title: click to show comments
Posted by sbaxman111 on 19th of May 2015 at 11:14 am
A Fascinating Ratio
By Tim Knight - May 18, 2015
Years ago, Peter Schiff had suggested it would be more important to watch the ratio of the stock market priced in gold rather than the stock market priced in dollars. In ProphetCharts, he tried to see what the SPY/GLD ratio would look like, and it yielded some interesting results. I’ve done the same thing, and I’ve got to say, this is a graph that gets my attention. It suggests more upside, but the long-awaited reversal could be a very powerful one. (In an ideal situation, bad for stocks and good for gold).
SPY:GLD - Nice Chart...
Posted by saturn6 on 19th of May 2015 at 11:28 am
I have been following the Dow:Gold ratio...
thanks for the chart and
Posted by matt on 19th of May 2015 at 11:18 am
thanks for the chart and post. I condensed so that folks can click to expand