There’s absolutely too much to keep
up with these days.
Bailouts…bankruptcies…bank
nationalizations…and more new government programs
and initiatives than you could shake
a stick at. It’s absolutely ridiculous.
But especially in times like these,
it’s key to keep your calm and stick to disciplined
research and observation. Because
those talents pay off in spades during times of
crisis.
So it’s with that in mind that I
tell you about a little measure I like to call the
“Fortune
Trigger.” Namely because the last
time this trigger was set off, gold rushed to an
inflation-adjusted all-time high of
over US$2,000.
It’s based on the “SPX/Gold Ratio”
(sometimes measured with the Dow in the
Dow/Gold). And it’s simple to
measure. You just take the price of the S&P 500
exchange
and divide it by the price of an
ounce of gold.
And as you can see in the chart
below, when you can buy the whole S&P 500 with an
ounce of gold…that can a signal for
a huge bull market in the yellow metal…