The Dow/Gold Ratio

Gary North
Printer-Friendly Format

October 5, 2007

This ratio bottomed in January, 1980, when it was approximately one to one. It rose to a peak in early 2000: 45 ounces. Then it began to turn down. It is in a down trend today. See this chart.

http://www.chartoftheday.com/20071005.htm?T
Printer-Friendly Format