If you did not have an opportunity to review “Smart Money Ace Up the Sleeve and a Gold Chart Update” Part 1 and 2, I suggest you do so before continuing. The Commitments of Trader Report (CoT) released today is flatlined, so there’s nothing new to report on that...
A historically-telling metric that almost nobody is discussing at the moment is the Dow-to-Gold Ratio. This is simply a ratio that takes the Dow Jones index figure and divides that number by the current spot price of gold. Currently, this ratio is at 16, and using...