[sten]

it's amazing how high the stock market will go... when you deflate the dollar every month

to see the real market situation, you need to change from a dilutable unit of measure (the dollar) into a non-dilutable unit (gold)

why is gold non-dilutable? because they aren't making much more of it.

source: link

[ckilmer]

Judging by this graph the next thing to happen in the next decade is a big high in stocks and a big low in gold.

[ckilmer]

Judging by this graph the next thing to happen in the next decade is a big high in stocks and a big low in gold.

[ckilmer]

An enormous amount of gold came out of California from the late 1840’s through the 1870’s. Enormous amounts of gold again came out Alaska in the 1880’s-1910. However this graph shows only that gold prices were relatively high during these periods.

So I’m not so sure an apples to apples comparison quite works.