It shows the ratio of the Dow to gold. Today that would be approx 7 to 1. 7000 Dow to $1000/oz. Gold.
The article is titled Nice glister, but equities are a better long-term bet
Are you a betting person?
From the article...
A Dow/gold ratio of 2 would imply the former falling to 2000 or the latter rising to $3500 an ounce. Enormous profits would be made by those who got this call right.

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