To: E. Pluribus Unum
Gold has been tracking the stock market for a while now. When the market goes up, gold goes up. When the market goes down, it goes down.When the market crashes, gold's going with it.
posted on 12/01/2012 8:32:27 PM PST
(Obama got Osama just like Nixon landed on the moon.)
On a two year chart, the two are far more correlated...outside of July 2011 > Apr 2012. The two diverged, with gold powering a lot higher, then they converged. It all depends, like many things, upon one’s time frame. Of course, you are aren’t supposed to look at the two over the last decade, LOL. (I’m more on your side, btw)
And let’s not forget that the article is from 1978!
posted on 12/01/2012 8:45:58 PM PST
by Attention Surplus Disorder
(This stuff we're going through now, this is nothing compared to the middle ages.)
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