Continuing to watch this: with the S&P at 1,592 and gold at $1,292 (a 1.23x ratio), we’re much closer to the “even if” scenario discussed here. It’s Different This Time: What Gold Can Tell Us About the Stock Market.
Bassam Salem
Continuing to watch this: with the S&P at 1,592 and gold at $1,292 (a 1.23x ratio), we’re much closer to the “even if” scenario discussed here. It’s Different This Time: What Gold Can Tell Us About the Stock Market.
After an earlier post discussing the relationship between the S&P-500 and the price of gold, I received a number of questions on how “black gold” (i.e., oil) might play into the analysis. The chart below shows a comparison of these two popular commodity indicators. The chart shows a very long-term view (going back to 1945) […]
Some of you know that, even after the 30-stock Dow Jones Industrial Average (DJIA) hit never-seen levels some weeks ago, I was eager to see another indicator do the same thing: the more broad-based Standard & Poor’s 500 Index (S&P 500) consisting of 500 of the United States’ largest, publicly-traded companies. This past week, the […]