InvestorsHub Logo
Post# of 2032
Next 10
Followers 26
Posts 3083
Boards Moderated 2
Alias Born 04/07/2004

Re: None

Tuesday, 05/23/2006 8:29:31 AM

Tuesday, May 23, 2006 8:29:31 AM

Post# of 2032
Dow priced in gold(BELOW)...historical average is around 9 which would price gold @ 1300 based on todays dow, or the dow @ 5850 based on todays gold...

BUT, and heres the good part, theres two lower lows between the great depression and the 80's inflation scare/crash...connecting those lows you come to an area around 1, which would put gold @ 11,700 based on todays dow, or the dow @ 650 on todays gold price....

i cant imagine those extremes happening (ex. gold moving to the extreme and the dow staying costant) so if you take a simple midpoint you would get a gold price and a price of the dow around 6175...

WE have been and contine to be in a bear market in equities, since 2000, the dow chart you see on cnbc is an illussion, you need to hold a value constant if you want to use it as a measure of another things value, and we all the know dollar is anything but a constant....




Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.