Gold/Spx

Bloomberg flagged this up, last time the fed ended an Easing Cycle the gold /Spx reached A high of 1.64 ish currently trading around .47 according to the Monthly chart I pulled up.Maybe Big move in Gold overnight is someone getting ahead of this possible move higher in this ratio as Fed easing cycle set to begin.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.