BlockBeats News, December 26 — Christopher Aaron, Chief Analyst and Founder of iGold Advisor, announced that the fourth major turning point of the Dow Jones to Gold ratio has arrived. This signal indicates that gold will experience several years of sustained growth, while holders of industrial stocks such as the Dow Jones and S&P 500 may face years of losses. Note: The Dow Jones to Gold ratio refers to the number of ounces of gold required to buy 1 share each of the 30 components of the Dow Jones. Based on the average data of the three previous critical turning points (1930–1933, 1968–1980, 2002–2011), the Dow Jones is expected to decline by 90.5% relative to gold over 9.3 years. Aaron also pointed out that this fourth turning point of the Dow Jones to Gold ratio could become the most critical trend break in their historical movements, with the Dow Jones potentially falling more than the average of the previous three cycles. (Jin10)
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