Interestingly, gold was not overvalued relative to the S&P 500 when it hit its all-time high of $1,950 an ounce in September 2011.
Chart Courtesy: Mining.com. ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of GLD.
Interestingly, gold was not overvalued relative to the S&P 500 when it hit its all-time high of $1,950 an ounce in September 2011.
Chart Courtesy: Mining.com. ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of GLD.