Remember this chart? I said before this is a very important chart maybe the most important chart. It's the ratio of the Dow divided by gold. Historically PM bull markets continue until this ratio hits or at the very least gets close to 1:1. Briefly this ratio hit 1:1 in 1980, the top of the last commodity bull market. As you can see we've got a long way to go yet. Now whether this happens at $3000 gold and $3000 Dow or $15,000 gold and $15,000 Dow I have no clue. Knowing human nature though it will happen sometime in the future. When it does I'm going to be telling everyone to sell your gold and silver and buy stocks. In the meantime there's a lot of upside still left in this chart. Might as well get on board. Better late than never.
2 months ago