The Great Migration: What The Dow-To-Gold Ratio Is Telling Us

The Great Migration: What The Dow-To-Gold Ratio Is Telling Us Authored by Bryan Lutz, Editor at Dollarcollapse.com, It takes about 13 ounces of gold to buy the Dow Jones Industrial Average. The Dow-to-gold ratio prices the entire American stock market. And it does it in the one currency no central bank can print. Over the past century, it tells the same story. It measures when the US stock market is overvalued… when it’s promising too much. And there are a lot of promises that d...

By Tyler Durden