allday,
check out this historical chart relating to the POG v the DOW.
http://www.macrotrends.net/1378/dow-to-gold-ratio-100-year-historical-chart
You can see the distinct pattern.
We're currently in a huge dead cat bounce in relation to the DOW.
Going by this would expect the ratio to get down to 1:1 at some stage. That's when gold will be overpriced and time to get out.
