Hello everybody, how are you doing.
I publish this here as a reminder to myself, so that I can follow new developments and changes later more easily. I had published a similar idea on S&P 500 / Gold ratio some time ago.
Since then there have been some changes, we are heading towards the end of 2019. Time to take a fresh look at the current graph and evaluate the situation.
Well, what does this chart basically tell us? I don't know about you, but I think one should ask oneself a simple question:
Will the blue curve settle permanently below or above the golden curve in the coming weeks and months?
If the answer is "below" you should be in Gold, if you think "above" you should be in S&P 500.
This is not a trading proposal, just an idea.
Judge and decide for yourself.
Take care & good luck.
ReallyMe
I publish this here as a reminder to myself, so that I can follow new developments and changes later more easily. I had published a similar idea on S&P 500 / Gold ratio some time ago.
Since then there have been some changes, we are heading towards the end of 2019. Time to take a fresh look at the current graph and evaluate the situation.
Well, what does this chart basically tell us? I don't know about you, but I think one should ask oneself a simple question:
Will the blue curve settle permanently below or above the golden curve in the coming weeks and months?
If the answer is "below" you should be in Gold, if you think "above" you should be in S&P 500.
This is not a trading proposal, just an idea.
Judge and decide for yourself.
Take care & good luck.
ReallyMe
Comment:
I don't want to claim anything for good and it might still be deceptive, but it looks like S&P 500 just got a slight advantage:
Comment:
Time to check what's new.
Well, the lower wall of the falling wedge was penetrated aggressively. The blue line will now most likely level off below the yellow one for a long time. This can only mean one thing, if you are invested in Gold and not in S&P 500, you can rest easy for the next few weeks and probably even months.
Comment:
Patience is the key. If you want to lose quickly, invest elsewhere. If you want to win slowly or at least preserve your savings, invest in Gold for the time being and then switch to the MSCI World / S&P 500 sometime in 2021. I'll keep you updated.
Above all, stay healthy. All the best!
Above all, stay healthy. All the best!
Comment:
Update 28-Aug-2020: See the updated S&P500/Gold ratio chart below.
The red dotted almost horizontal line is the very long-term resistance and the price has dipped below it since October 2018.
Sure there will be short week/month fluctuations along the way but it won't probably be until 2025 before the new low is reached and a long-term move back from Gold to S&P 500 is reasonable.
In any case, IMHO, nothing should be done until at least the first red moving average line has been crossed from bottom to top, and that is not what it looks like at the moment.
If you want to sleep well, just sit on your hands, that is the hardest thing for most people in investment. ;-)
The red dotted almost horizontal line is the very long-term resistance and the price has dipped below it since October 2018.
Sure there will be short week/month fluctuations along the way but it won't probably be until 2025 before the new low is reached and a long-term move back from Gold to S&P 500 is reasonable.
In any case, IMHO, nothing should be done until at least the first red moving average line has been crossed from bottom to top, and that is not what it looks like at the moment.
If you want to sleep well, just sit on your hands, that is the hardest thing for most people in investment. ;-)
Comment:
typo: first top should read "from 20-Jul-1999..." (not 27-Sep-2018)
Comment: