Sunday, June 2, 2013

dow/gold is a tweener

the dow/gold has lifted above 10. economists look at this ratio to subtract inflation from chart comparisons over decades of history. during good economic times this ratio sits around 20. it is now 10.8 after recovering from 5.9 during the s&p downgrade:

this break into the tweener (10-12) range came on the first test courtesy of cypress.

is ben bernanke looking at this and thinking, "glass half full" ?

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