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0.51% $1,391.7 gold futures

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  1. Skol
    33,145 Posts.
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    30/10/19
    17:00
    Post #: 41151985
    There is no way US stocks are overvalued compared with gold. The current ratio is 18.

    Goldbugs need to look at this, very closely, stocks will have to go a lot higher, or gold a lot lower to get the ratio near the top of the green band.

    https://hotcopper.com.au/data/attachments/1798/1798051-ce77b73b5ea519f865f801da39805c08.jpg




    Last edited by Skol: 30/10/19
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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