With Market At Record Highs, The Dow/Gold Ratio Is Still Low On An Historical Basis Nice article, Kirk!
If one looks at the price of gold and/or silver after the recent pull back, it looks like a good buying opportunity. If one looks at the price of gold and/or silver since ~2004, it sure looks like inflationary pressures due, in part, to our government's printing presses really propelled higher the price of gold, along with other commodities, making gold or silver a more iffy buying opportunity.
The government says that inflation is under control, as they ignore the all important food and fuel. Statistics are wonderful. Pretty soon, under our "president-in-training-wheels", fiscally reckless policies, the US will have almost full employment! We don't count people who have stopped looking for work, so as Obama drives more Americans out of the work force, we will get closer to total employment.
The "good" news, for those who can't find a job, is that they can relax because inflation is under control. That is, they can relax as long as they don't need food or fuel!
Anyways...... thanks for the article. I am now one of your many followers. |
