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Gold and the Dow

By: Decomposed in ROUND | Recommend this post (0)
Thu, 22 Sep 11 9:50 PM | 28 view(s)
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Msg. 35016 of 45651
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I just saw this statement on another board:

"Gold is where it was a month ago...Dow is where it was a decade ago..."

That takes some of the shock out of gold's fall!

Also, while gold began the day down $84 and is now down $70, the Dow started out down $50 and now down $440.

I think people panicked and sold anything they had this morning. After they thought it over, they switched to buying gold and selling even more equities.

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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