Have a look at Required Yield Theory. It states the price of gold varies inversely to the US stock market P/E proving that it is a store of wealth. Zero Hedge brought it up recently:
http://www.zerohedge.com/article/presenting-scientific-theory-fair-value-gold-88-accuracy
Unfortunately the only graphs I have seen have been up to 2005. I should look into the history of S&P 500 P/E but noticed that S&P no longer provide it on their website (since Oct last year).
- Forums
- ASX - By Stock
- GOLD
- $us -gold correlation fact fallacy or failing?
$us -gold correlation fact fallacy or failing?, page-3
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)