среда, 12 января 2011 г.

Truth about recession - Index priced in gold

http://vsocial.livejournal.com/110510.html

This chart shows ratio of the price of the Dow to the price of gold.
The reason for using gold is that gold is the most unbiased form of money. Fake government paper money  excel when everyone is fixated on growth.
When paper burns, gold shines.

The Dow/Gold Ratio chart shows that we are witnessing the end of an era for equities. Stocks had an 10 year bull market where buy and hold was the guaranteed way to make money.

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