SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (68853)5/8/2001 2:26:23 PM
From: AC Flyer  Respond to of 116758
 
The 1993 bull took POG from ~$330 to ~$380 with a brief spike to ~$400. About a 15% increase. The same percentage increase now would take us to ~$305 POG and a Dow/Gold ratio of ~35. OTOH, a drop in the Dow to 9275 could accomplish the same Dow/Gold ratio at a $265 POG.

If we're entering an inflationary period and POG follows the same trajectory as in the last similar economic period, the 70s, then we may have to wait three or four years to see a Dow/Gold ratio of 20 and POG of ~$500.



To: Crimson Ghost who wrote (68853)5/8/2001 2:45:12 PM
From: long-gone  Respond to of 116758
 
<<Because the gold stocks are acting extremely well even as bullion lags. >>

Bullion really doesn't seem to be lagging greatly, really it seems XAU is simply returning to a more traditional relationship to POG - perhaps in preparation for something far greater.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News