GOLD 0.51% $1,391.7 gold futures

its back.. thursday night rally night, page-73

  1. 674 Posts.
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    Graph of S&P500 v Gold.. It ain't going anywhere..past five years has basically kept level during an overall upward trend for Gold

    http://www.macrotrends.net/1437/gold-to-s-p-500-ratio

    "This ratio is a good indicator of investor confidence in the dollar/fiat currency system. A low ratio signifies high confidence (gold low, S&P high) and a high ratio signals a lack of confidence (gold high, S&P low). The ratio hit its peak of 5.94 back in January of 1980 when gold briefly traded over $800 an ounce."


    Just back from my forced HC suspension due to profanity..

    a tip for young players, don't post on HC after if you've just polished off a full bottle of scotch. What you think is witty &/or funny at the time probably aint so!
 
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