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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.87+0.4%Nov 11 4:00 PM EST

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To: Haim R. Branisteanu who wrote (58508)12/1/2009 12:58:06 PM
From: Secret_Agent_Man  Read Replies (1) of 217704
 
Richard Russell "November 27, 2009 -- "Gold bubble? I regard such talk as
nonsense . . . . Gold is about 52% higher than the peak weekly
average price of January 1980. The US CPI is 177% higher, US
M-2 Money Supply is 464% higher, and the S&P is 892%
higher. I don't think it untoward to suggest gold is badly lagging
a number of important yardsticks and at theses levels has some
catching up to do.
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