Tuesday, January 6, 2015

let's check in on the GLD:AAPL ratio

Let's check in on the famous GLD:AAPL ratio*, shall we?

It bottomed just below 1 last month, and since then GLD has been on a tear.

The historical mean of this ratio seems to be around 2, so that suggests gold still has a long way to run, because reasons.

* - yeah it's made-up bullshit I know

1 comment:

  1. I prefer the gold:kraft marshmallow index myself.