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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (85963)9/6/2007 2:38:51 PM
From: Crimson Ghost  Read Replies (2) of 110194
 
Just to put things in perspective, at the peak of the 1970s gold bull, an ounce of gold commanded the same price as the Dow industrials.

Today the Dow commands nearly 20 times the price of an ounce of gold.

I doubt gold will equal the Dow during the current gold bull, but there is A LOT of room on the upside if things really get dicey IMHO.
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