Market & Gold: the relationship (#GLD #SPX #SPY)

As posted last week, The Big Picture blog outlined a relationshp between the SPX500 in terms of gold. Following up on the idea, I drafted some charts in order to gain further insight.

The weekly chart, shows the SPX500 broke -in terms of gold- the bottom of of March 2009. 

Just to keep in mind this relationship moving forward.

 

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