The Gold: Platinum Ratio Is An Outstanding Indicator Of the Stock Market’s 12-month Direction & This Is What It’s Forecasting

From munknee.com

The gold-platinum ratio (GPR) has had a significantly better track record than most other indicators in forecasting the stock market’s 12-month direction; it’s bearish when the ratio is low, and bullish when—as it is now—at high levels. The ratio today is at its highest level in more than 10 years so what does that say about the future of the stock market? Written by Lorimer Wilson, editor of munKNEE.com According to a study by Prof. Huang, a Cornell University professor, the ratio of gold’s price to platinum’s has been—at least over the 40-plus years since gold began freely trading in the ... (full story)