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DJIA-WTIC_110824.png
Instability and high volatility when alone, but the ratio is rock solid.
Note the one blip in the ratio from Feb - May 2011, which I believe matches a period of huge money supply increase by US Federal Reserve. Did they look at this same chart to decide to make that significant money supply move?
As stocks and bonds, and commodities (yes, even gold & silver) have great volatility, here we see great stability when we ratio the Dow Jones Industrial Average to West Texas Intermediate Crude prices.
Have speculators are market arbitrage maintained these in lock step since Sept. 2009 for some evil purpose, or is it just happenstance?
To me, it seems everybody is being driven by the same powerful forces, so the relative motion by all the dust particle in the strong wind are minimal to insignificant, but look out for those gale force winds, for you may be blown away very soon.
Instability and high volatility when alone, but the ratio is rock solid.
Note the one blip in the ratio from Feb - May 2011, which I believe matches a period of huge money supply increase by US Federal Reserve. Did they look at this same chart to decide to make that significant money supply move?
As stocks and bonds, and commodities (yes, even gold & silver) have great volatility, here we see great stability when we ratio the Dow Jones Industrial Average to West Texas Intermediate Crude prices.
Have speculators are market arbitrage maintained these in lock step since Sept. 2009 for some evil purpose, or is it just happenstance?
To me, it seems everybody is being driven by the same powerful forces, so the relative motion by all the dust particle in the strong wind are minimal to insignificant, but look out for those gale force winds, for you may be blown away very soon.