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.
Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Lone Ranger who wrote (1023)5/28/2002 12:32:26 PM
From: Jeff  Respond to of 30712
 
heres what it did in the 70's before the blow off top to 800...

sharelynx.net

heres what it did in the 20's and 30's...

sharelynx.net

just remember the dow-gold ratio chart is based on the dow......

back then dow was only a few hundred points....

in the 70's dow was around 1000 pts....

now dow is in the 9-10k range.....

here is that other chart i found with a projection to 2005 using the 1929 to 1934 period....

sharelynx.net

that looks like the faster of the two previous points in history....if they projected out the period from the 70's.....it would take a decade or more......

who knows how this period in history will play out....all i know is....history suggest it won't stop till a near 5-1 ratio is met....

but in the present time....i'll just watch what happens day to day to confirm along the way....

at this point in time.....gold is gaining strength as the nasdaq..dow...and spx weaken....

thats all you can go by for now....



To: Lone Ranger who wrote (1023)5/28/2002 12:40:13 PM
From: Jeff  Read Replies (1) | Respond to of 30712
 
just remember also....last month they shook NEM back down to max p before a run resumed in gold....

so in the next week or so....might be wise to see where NEM or HUI or XAU are in regards to their max p.....

you might see a shake out coming.....and pick up some bargains....