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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (85015)1/14/2009 7:47:57 PM
From: Real Man  Read Replies (2) of 94695
 
We moved from 1929 to 1934 at warp speed. The result of zad
is unclear, but I don't think it can be good, DOW/gold ratio
did not hit rock bottom yet. Last time when the Fed meddled
in the 70-s the DOW/gold ratio dipped even lower than in
1932. By continuation, it should hit 0.5 this time, with
1 Oz of gold buying 2x DOW. It's 10 now, the same as in
1976, or 1928, whatever you like. Could go to 5 before a
bounce. -g-

jessescrossroadscafe.blogspot.com

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