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The S&P's Weight In Gold
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
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