"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Wednesday, April 11, 2012

Gold-SPX Ratio - never let a good story get in the way of the facts...

The facts are that gold is not broken in nominal terms and it is not broken in SPX terms. Mr. Saxena thinks it is time to shun gold in favor of US stocks.  I disagree.










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