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S&P 500 Index
Short

SPX versus GOLD ratio

By Panos22
Updated
SPX/GOLD ratio turning bearish again. A major start for another strong commodity cycle.
Comment
As expected gold is breaking to the upside, and the markets are realizing that we are entering a recession. A great opportunity to accumulate even more physical gold.
Comment
Gold continues to print new all-time highs as Wall Street starts targeting the 3000$+ mark, while the equity market rally is losing steam and we approach generational highs and the end of a multiyear bull market. Gold will hit over 8000$ in this commodity supercycle.
Fundamental AnalysisTrend Analysis
Panos22

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