Thursday, May 21, 2009
The S&P's Weight In Gold
Posted by
Tyler Durden
at
12:28 AM
Looking at the supercycle of how many ounces of gold it costs to buy the S&P, and projecting into the future, indicates that hedging by being short the index and long gold should pay off very handsomely... at some point in the 2015-2017 period. Chart 2 superimposes the current cycle with the past cycle - similarities?
Hat tip Credit Trader Sphere: Related Content Print this post
Hat tip Credit Trader Sphere: Related Content Print this post