In this article we will discuss different ratios, including the important DowJones-to-Gold ratio, but also a special ratio which we will discuss below.
Let’s start with the DowJones-to-Gold ratio.
When you see the following chart, you will probably be convinced that the Dow-to-Gold ratio has a long way to go before bottoming. Since 1900, the ratio has often fallen below 3. It even dropped as low as 1 in 1980:
Depending what type of trader you are and what you focus on the most for trading you could be either bullish or bearish on the stock market right now.
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.