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gghsusa

GOLD 19 YEARS AGO

GOLD/SPX  
gghsusa Updated   
GOLD/SPX  
Trend Analysis Chart Patterns Technical Indicators GLD XAUUSD SPX (S&P 500 Index) SLV XAG USD ( Silver / US Dollar) GDX GDXJ preciousmetals SPDR S&P 500 ETF (SPY)
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trendanalysis chartpattern indicator gld xauusd spx slv xagusd gdx gdxj preciousmetals spy
The GOLD to SPX ratio currently looks similar to 2001. Where were you 19 years ago? I know where I was and I was clearly not buying enough gold! Hindsight is clear.. or should I say 20/20? Seeing as history tends to rhyme, precious metals look like the better deal over the next decade- especially if you hold them in your possession.
Comment:
here's a snapshot on daily to compare 2020 to 2001

2001:
snapshot

2020:
snapshot
Comment:
I would really like to see the metals SPIKE BIG here. It's very possible.. and it's also very possible it makes a lower high into a deeper correction. I don't know.
snapshot
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