Long term gold chart

Posted | 04/04/2014 / Views | 3149
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This chart doesn’t need much preamble, it’s a self explanatory picture of a market looking like it’s hit a bottom.  For further context though: consider sharemarkets are at very high P/E ratios and above many technical lines and the Gold/S&P500 ratio is very low.  To get a quick snap shot of the driving fundamentals for gold and silver just check out today’s Weekly Wrap radio broadcast.

Long term gold chart