Just been looking at a chart of commodities in relation to Dow which shows that they are as undervalued as they have ever been. I plot the B.Com against the S&P and the ratio keeps falling with no clear sign yet that it is recovering.
Just been looking at a chart of commodities in relation to Dow...
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Last
3,169.6 |
Change
38.000(1.21%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 3,131.6 | 3,178.4 | 3,131.6 |
| XSO (ASX) Chart |