Posts Tagged ‘MIchael Pento’
My Interpretation of the Dow to Gold Ratio – Why Stocks Have More Downside and Why Gold Has More Upside
Stocks rebounded again last week as metals retreated slightly. The Dow to Gold ratio now stands at 17.78. For those of you unfamiliar with the Dow to Gold ratio indicator, it is calculated by taking the price of the Dow Jones Industrial Average and dividing by the price of gold per ounce. The Dow began…
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