Dow / Gold Ratio 8-2-11

With all the hoopla about how bad yesterday's stock market knee-to-the-jaw move was

and how gold (and swiss frank) keeps skyrocketing parabolic style into the stratosphere

I figured it'd be nice to make an update on my favorite chart of them all – the DOW/GOLD ratio.

Yesterday was a big hit not unlike the '08 era. No non-stop rallies in '09-'10 here either.

A real inflation filtered stock market chart since about a year after the market topped in '07.

Here's a little perspective on where the DOW/GOLD chart has been since 1900 till '04:

seems like we're very close to to historical bottoms at 7 and change.

Not sure if that's good or bad but quadrillions in derivatives and trillions in national debt

the petrodollar doesn't look like its anywhere close to an asset

you'd want to store your wealth any time soon.