As at the time of writing, the Dow is 11,820.24 and gold $875.90/oz. The Dow/gold ratio is therefore below 13.51 and has (perhaps fleetingly) fulfilled Robert McHugh's prediction.
Whether the Dow falls below 9,000 nominal in the course of a severe recession is something we shall have to see.
4 comments:
Does this mean we should get the party poppers out?
... or the party poopers?
congrats from norway for you perseverance!
Pooper Scooper is my choice.
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