Msg. 39012 of 45651 (This msg. is a reply to
39010 by
Decomposed)
Jump:
Ahhhh Thanks DE,,,,,,,,,,,,,,
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
Tim Knight would be correct, except that the only reason for gold's ascent is its recognition by many as an alternative to fiat money.
In other words, if a person wants to view the market in terms of fiat money, they should look at an ordinary $SPX chart. If they want to view it in terms of fiat's FAILURE... which is particularly meaningful if they believe fiat money is going to continue being abused by those who mind the mint... they should look at $SPX/GLD.
AAPL's climb has been for other reasons, so the $SPX/AAPL chart says little.
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