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Monday, February 24, 2003 - Gold Snippet

By: Kevin Klombies, Inter-Market Relationships Analysis


-- Posted Sunday, 23 February 2003 | Digg This ArticleDigg It!

Inter-Market Relationships Analysis

A Daily Review of Global Capital Market Trends

Kevin Klombies Editor/Publisher

Email: krk@krk-imra.com U.S. $49/Cdn. $74 per month

Phone/Fax: 1-403-241-2722 www.krk-imra.com

At right we feature the S&P 500 Index in terms of the price of gold as well as from the perspective of a Japanese investor. The top chart shows the SPX/gold while the lower chart shows the SPX divided by the Japanese yen.

The SPX/gold chart is scaled logarithmically. It shows that the equity markets have risen consistently at a faster pace than gold and that the ratio has now returned to the bottom of the rising channel.


This newsletter is only for the information of investors and does not constitute an offer to sell, nor is a solicitation to buy securities. The information is believed to be true and accurate at the time of writing and the Publisher of the IMRA is not responsible for any actions taken as a result of reading this newsletter. No portion may be reproduced in whole or in part without the consent of the Publisher. IMRA subscriptions are available for U.S.$49 per month (Cdn$74), payable quarterly.

 

Gold/Commodities &Gold/Crude Oil Inter-Market Relationships

 


-- Posted Sunday, 23 February 2003 | Digg This Article




 



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