Click on any chart to engorge it

Click on any chart to engorge it

Gold Versus the Government

The ratio of gold to long term US Treasury Bonds looks ready to breakout after about a one year base.  Yesterday, Jordan Roy-Byrne of Trendsman Investment Research posted a related chart showing a breakout in gold versus corporate bonds following a two and a half year basing period.  That article can be found here at Safehaven.