Not only is the ratio once again trading below its 1929 level, it is also breaking below the apex of an extremely large wedge that began forming at gold's secular bear bottom in 2001. 

The market kicked off with a notable rally, marking the return of what appears to be a "risk-on" environment.

CBOT corn futures settled sharply lower to end the week, with spot CBOT futures forming a bearish hook reversal down on the weekly chart.