DJIA , Gold GLD, and Oil WTI

djia may 2012

This is a 5-year chart. No absolute amounts , just percentages. Black is the Dow Jones Industrial Average, down perhaps 10% over 5 years. Blue is gold by way of the GLD, up 130% over the same period. Then there is the yellow or brown line representing oil, down 45% from 5 years ago. None of this is the least bit interesting except that things are not supposed to happen this way. All three are directionally correlated quite well, unheard of in economics 101. When correlations move to 1, there is a problem ahead.