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Friday, September 21, 2007

All aboard

Dow 9,000 update

Dow currently 13,839.54, gold (10.03 am NY time) $736.30. Adjusted for the change in the gold price, the Dow would be worth 12,175.15, or down 10.55% since July 6.

Putting it another way, gold has risen 13.67% against the dollar in 77 days; that's getting on for 90% annualised. Is this lift-off for Doug Casey's trip to the moon?

1 comment:

CityUnslicker said...

great is in not. my gold fund investment has gone sky high after a slow year.