GOLD is very cheap relative to sp500 APPLE is in a massive bubble. gold has spent almost enough time basing and the sellers are almost exhausted. get ready for another 10 year bull market in GOLD. cycles repeat like history as human nature remains the constant. Humans dont want real economic growth but just a series of economic bubbles. the latest being AI. another red herring another misdirection from the powers that be.
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I have set a alert at .5 when this level is crossed and ratio moves higher. then the SPX is fugged. short the index.