Gold at its Most Critical Juncture Since 1999 Secular Lows; About to Begin Out-Performing Again?

Gold at its Most Critical Juncture Since 1999 Secular Lows; About to Begin Out-Performing Again?

The chart below plots the ratio of the SPX vs. gold. As of mid 2011 that ratio had declined by ~90% from its 1999 highs, defining the opposing secular bear and bull markets for the SPX and gold, respectively, over…...

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