Dow/Gold ratio under 7

Discussion in 'Gold' started by goldpelican, Aug 5, 2011.

  1. goldpelican

    goldpelican Administrator Staff Member

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    I think that is the lowest I've seen it.
     
    goldpelican, Aug 5, 2011
    #1
  2. rbaggio

    rbaggio Active Member Silver Stacker

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    Certainly the lowest in recent years .....

    [​IMG]
     
    rbaggio, Aug 5, 2011
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  3. goldpelican

    goldpelican Administrator Staff Member

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    goldpelican, Aug 5, 2011
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  4. unfunkable

    unfunkable Active Member

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    what happens when it gets to one?
     
    unfunkable, Aug 5, 2011
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  5. Silverthorn

    Silverthorn Well-Known Member

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    buy dividend paying equities if you're game.
     
    Silverthorn, Aug 5, 2011
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  6. Nukz

    Nukz New Member

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    Just out of interest i had a play around

    ASX/Gold(AUD) ratio today - 2.61 based on ASX 4099 / Gold AUD 1570


    I can't get my charts working for some reason but a estimate of bottom in 2008.

    ASX/Gold(AUD) ratio 2009 - 2.06 based on ASX 3250 / Gold AUD 1571
     
    Nukz, Aug 5, 2011
    #6
  7. goldpelican

    goldpelican Administrator Staff Member

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    goldpelican, Aug 8, 2011
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  8. FlashInThePan

    FlashInThePan Member

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    Thanks for the Link...

    So we are curently at extreme levels as of march 2008 and dropping.

    And in all that time all we have done is kick the can down the road. :|
     
    FlashInThePan, Aug 8, 2011
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  9. Nukz

    Nukz New Member

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    If i use Dow futures (11192) and gold(1716USD) right now we got 6.52 right now but i suspect looking at the sell-off in asia today the Dow will drop even more on open later tonight.

    Just out of interest ASX(3986) and gold(1647AUD) = 2.42

    You know after doing this calculation i just realised you posted a link :p
     
    Nukz, Aug 8, 2011
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  10. goldpelican

    goldpelican Administrator Staff Member

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    Ratio is now 5.96!!!
     
    goldpelican, Aug 11, 2011
    #10

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