The classic long-cycle ratios — gold to silver, the Dow priced in gold, the S&P against the money supply, home prices to income — plus any custom pair, with the Nowflation gauge available as a deflator to turn nominal charts real.
Ratios cancel the money illusion: an index at record nominal highs can be flat for a decade priced in gold or M2. That is the entire argument for real (inflation-adjusted) analysis, made visually — and it's why an inflation site keeps a ratio lab.
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