Dow Plunges More Than 500! Global Stock Market Rout Continues As Panic Begins To Engulf The World

Posted by King World News

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With the Dow tumbling more than 500 points, the global stock market rout continues as panic begins to engulf the world.

And there goes the Gold/Oil ratio as it hits another 70-year high!

The Gold/Oil ratio had already taken out the high from July of 1973 (33.69), and today it is now trading at 36. Again, people will see gold float across the ticker at roughly $1,100 and think it’s weak but it’s actually trading quite strong vs key commodities such as oil.

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