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Strategies & Market Trends : News Links and Chart Links

SPXL 220.20

+2.6%

Dec 19 4:00 PM EST

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To: Les H who wrote (18233)	4/23/2010 12:46:05 AM
From: Les H	Read Replies (1) of 29604

COTD - Median SFH Price / Gold Today's chart presents the median single-family home price divided by the price of one ounce of gold. This results in the home / gold ratio or the cost of the median single-family home in ounces of gold. For example, it currently takes 153 ounces of gold to buy the median single-family home. This is considerably less that the 601 ounces it took back in 2001. When priced in gold, the median single-family home is down 75% from its 2001 peak and remains well within the confines of its five-year accelerated downtrend. chartoftheday.com

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