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Chart of the day family home prin in gold


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The US Housing Price/Gold ratio indicates that we are nearing the trough. I however believe that it will overshoot during this 35-40 years cycle.

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Chart of the day family home prin in gold

  1. 1. Chart of the Day: Family Home Price/GoldAn interesting chart showing US median family home price in gold: today it takes120ounces of gold to buy the median single-family home vs. 601 ounces in 2001, 80%down from the peak and near it previous trough in 1980. Markets tend to overshoothowever and I expect this ratio to significantly decrease. We probably are in for a 35-40years cycle before it rebounds.Source:Chart of the Day: Median Single-Family Home Price / Gold 1