In Gold we (don't) trust
Here's why I think Long SPX/Gold (meaning Long S&P500 and short GOLD) is a good long term trade.
Let's take a look a this SPX/Gold ratio, currently sitting at 2.43.
My approach is based on simplicity and common sense.
Fundamentally, we know the stock market produces long term value. This is reflected by the dividends one can earn holding stocks, and by its…
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