Gold Gcq: Ratio and Darien Huang

gold gcq: But researchers have found that this ratio has a better track record than many of the more widely known valuation metrics that get the lion's share of investor attention, according to Market Watch. Consider an academic study by Darien Huang, a former finance professor at Cornell University, and Mete Kilic, an assistant professor of finance and business economics at the University of Southern California. You could be excused for thinking that gold GCQ19, -0.10%GLD, 1.65% and platinum PLV19, 0.71% prices have little to do with the stock market, much less the ratio of the one to the other. They found that the gold-platinum ratio is a good stock market predictor; a falling ratio is bad news for equities, while a rising ratio is bullish. Furthermore, the ratio is up 14% over the 12 months since I last wrote about it. As you can see from the accompanying chart, the ratio has been rising steadily and is now at its higher level in over 10 years. (news.financializer.com). As reported in the news.