GOLDBUGS AMEX Goldbugs Index (GOLD)

[Xplosivestocks]

In the 1920s, the Dow Index was 20 times higher than the price of gold.
When the Great Depression hit, gold soared and the Dow sank until the Dow was at 36 and gold was selling for $36 an ounce – a 1-to-1 ratio.
In 1980, after the huge stock downturn in the 1970s, both the Dow and gold were once again trading at 1-to-1 levels – the Dow at 850 and gold at $850 an ounce.
Today, the Dow is coming off its worst month since the 1920s, and has shed 20% so far.
Gold, meanwhile, is on a tear.
Schiff sees the 1-to-1 ratio returning, meaning that gold would be trading at around $12,000 an ounce relative to current stock prices…
And even if the Dow tanks to 5,000, gold would rise to $5,000!
In fact, if the Dow goes to 36,000 as one recent best-selling book prognosticates, gold would sell for $36,000 an ounce!
The bottom line is plain: gold’s bull-run is barely getting started…