Stock Market Weakness, Charts Shown: (SPX/Gold, SPX/Silver)
Benjamin Cowen·2026-02-18 23:24
You can look at the S&P divided by gold and see that it's been breaking down. One of the things to keep in mind is like the breakdown process can take a while, right. I mean, it can take a while.It doesn't have to happen overnight. You can see that when it actually broke down in 200 early 2008 uh to August, I mean, it took like three quarters of the year for it to ultimately definitively break down. Um and then ultimately that led to the bottom in the market when when then go the S&P gold valuation hit that ...