Opinion: The Dow Jones Gold Ratio has reached a major turning point. In the previous three instances, it indicated that "gold outperformed US stocks" within a few years.

On December 26, 2023, iGold Advisor Chief Analyst and Founder Christopher Aaron announced that the fourth major turning point of the Dow Jones 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 Gold Ratio refers to the number of ounces of gold required to buy one share each of the 30 components of the Dow Jones Industrial Average. Based on the average data from the three previous critical turning points (1930–1933, 1968–1980, 2002–2011), the Dow is expected to decline relative to gold by 90.5% over 9.3 years. Aaron also pointed out that this fourth turning point of the Dow Jones Gold Ratio could become the most critical trend break in their historical movements, with the Dow’s decline relative to gold potentially exceeding the average of the previous three cycles. (Jin10)

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