Chart illustrates how it currently takes 16.1 ounces of gold
to 'buy the Dow' (i.e. the Dow / gold ratio) -- well off the
44.8 ounces it took back at its peak in 1999. From the 1990
peak until 2011, the Dow (priced in gold) endured a massive
bear market. Since 2011, however, the Dow priced in gold has
rallied within the confines of an upward sloping trend
channel. More recently, the Dow/gold ratio successfully
retested support and then surged in a post-election rally.