SPX/GOLD tradingview analysis
Along with the long established uptrend, we are also at double strength support for Equities against Gold here on the quarterly chart
Flip to gold at 2.50 on the ratio which at today's gold price if it doesn't increase for a few years equates to 11k on the S&P.
If Gold price increases by 10% a year for the next 2 years (which is the historical average of yearly gain), our S&P flip to Gold price is 14,260 on the S&P.
Sounds crazy but it always does until it happens.
Equities to outperform metals in the medium term.