Dollar Gold, Rand Gold, DOW, JSE Gold and HUI by H Moolman

Posted on October 11, 2010


Let’s start with a big picture view. Below is a long term Dow/gold ratio chart. As you can see on the chart, it has just been one-way traffic the last ten years, with the ratio moving down from almost 45 to about 8.16. It seems that the next temporary stop might be between the 4 and 6 level. I have previously written how the 10 Dow/gold ratio level has been a pivot point back all the way to 1930.

To continue reading, please follow link below:

http://hgmandassociates.com/2010/10/11/dollar-gold-rand-gold-dow-jse-gold-and-hui-by-hubert-moolman/

Advertisements