The Dow/Gold ratio had a rebound between 1975 and 1976 where it went from a low of approx 3:1 up to a high of approx 10:1 before heading down to its final lows of almost 1:1
Recently we've seen a similar move down to a low of 6:1 and rebounding to a high of 15:1
The Dow is now at all time highs and gold looks to have bounced off it's low.
Soon we will see the Dow/Gold ratio start to trend back to it's lows and perhaps head to a similar 1:1 ratio as in 1980.
Also in an extreme position that is confirmative is the Gold/Silver ratio which just hit a high of 75:1