pantheo

Stocks/gold ratio breaking above decade old trend line

SPY/GLD  
SPY/GLD  
43 2 3
Big change if stays
"In summary, evidence from the past 43 years offers little support for belief that the ratio of DJIA to gold price usefully predicts stock market returns and no support for belief that the ratio predicts gold returns." http://www.cxoadvisory.com/3935/technical-trading/djia-gold-ratio-as-a-stock-market-indicator/

But does work as relative test of index against index:
http://www.safehaven.com/article/21867/dow-jones-to-gold-ratio-and-greek-stocks
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pantheo PRO jago25_98
Thank you, good read:-)
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