A Loo At The Stock Market to Gold Ratio
Cory
June 7, 2017
Jodan Roy-Byrne and I take a look at gold market in terms of the gold to US market ratio. The chart looks as though it could have double bottomed over the past couple years and on the road to recovery. These ratios require a longer term outlook but are a great barometer of future trends. We also consider how interest rate moves and the USD will factor into the moves in gold.
Click here to visit Jordan’s website, The Daily Gold, for more of his technical commentary.
Click download link to listen on this device: Download Show
The significant Dollar/Yen gap, at about 109.50, has filled.
Now the significant Euro/Dollar gap at about 1.08 will likely fill.