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Price Gold Ratio $SPX

Posted by Ororeef @ 14:36 on February 19, 2016  

since mar 11 2014 the number of shares it took to buy an oz of gold has traded from .566 to .72  shares of spx ..example if spx is 1916

1916 X.566=@1084 price of gold

1916X .72=1379 price of Gold  so in the last two years a Range of $1084 to $1379  was normal

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.