Tr1ptych,
I have no idea what the bottom of the DOW/gold ratio will be. About 12 years ago I first saw this chart and bought gold investments as the ratio reached new highs. I lost most of my money as it peaked much higher than I expected.
I think there will be a 3-5 year window to buy common stocks, namely financials very cheaply, just as there was back then in the gold arena. I think it will be fairly evident when the ratio has bottomed. PE ratios will be in single digits etc.
In the meantime the ratio tells me gold is a good place to be. I'm focussing on finding companies that will do well in the next 2-3 years at current prices. If gold doubles again, then even better.
Rowingboat
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