Gold was almost never that cheap!

Updated
If we look at Gold in a spread graph divided by the dow, we see something interesting:

Either Gold was almost never that cheap in history, or the stock market were almost never that pricy.

A good example about why price does not reflect value.
Note
aaand still cheap! Despite the high price. Price != Value.
Beyond Technical AnalysischanceCoronavirus (COVID-19)Goldlong-termpriceandvaluespreadspreadtradingValuewealth

Also on:

Disclaimer