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To: shrinkermd
When measured in ounces of Gold, the DOW...

WHY?

What in the world would prompt someone to even look at that metric?

14 posted on 08/03/2008 6:31:31 PM PDT by BenLurkin
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To: BenLurkin
If you enlarge the graph you can see the DJI/Gold ratio measures the health of the market vis a vis the health of the currency. Gold, while fluctuating, has been a store of value since civilization began.
17 posted on 08/03/2008 6:36:57 PM PDT by shrinkermd
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To: BenLurkin

“What in the world would prompt someone to even look at that metric?”

The desire to sell gold on the margin to idiots.

Me, I advise that, if gold becomes the medium of exchange, skip gold and go directly to canned goods and shotguns.


43 posted on 08/04/2008 8:38:17 AM PDT by MeanWestTexan ("Jesse Jackson was an important figure; paving the way for Osama bin Laden to appear" -- Dan Rather)
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