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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (89974)	9/25/2002 4:00:31 PM
From: goldsheet	Read Replies (2) \| Respond to of 116815

Although interesting to some, I do not think the Dow gold ratio is valid. It compares one index (DJIA) which varies over time and can (and has) grown substantially by capital investment versus something relatively finite (6 billion ounce of gold, with 4 billion already mined) and does not grow much annually (80moz/4boz=2%) As a result, I do not know what a "correct" ratio is. I'd rather comapre the XAU to gold, it's a much more useful trading tool for me.