On the heels of the Shanghai stock market plunging another 3.5%, today one of the greats in the business sent King World News a fantastic piece that warns about the chaos in China, oil and the currency markets. Also included is a fascinating chart of gold and oil.
King World News: One of the legends in the business has a key note below, but first let’s take a look at an extremely important chart. The chart below shows that the gold vs crude oil ratio has now broken out to nearly a 30-year high! (see chart and more analysis HERE)
