If we look at Gold in a spread graph divided by the dow, we see something interesting:
Either Gold was almost never that cheap in history, or the stock market were almost never that pricy.
A good example about why price does not reflect value.
Either Gold was almost never that cheap in history, or the stock market were almost never that pricy.
A good example about why price does not reflect value.
Note
aaand still cheap! Despite the high price. Price != Value.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.