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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: lurqer who wrote (8576)	10/30/2002 2:13:39 PM
From: Jim Willie CB	Respond to of 89467

notice a key chart in Hathaway's gold and economy report the Dow/Gold Ratio chart is illuminating the peaks are getting higher but the troughs remain at the same low level in 1980 the ratio reached an incredible level of 1 (one) Gold rose and Dow fell, as they met, wow I expect before 2008 that Gold will come close to meeting Dow it could be 2009-2010, but I doubt later than that I think they will meet around 2000-2500 some actually expect for silver to surpass even gold I dont worry about such questions we have plenty to deal with watching gold, bonds, dollars, stocks also, notice the years when HM Homestake Mining rose the crash in stocks was 1929-1931 but the runup in HM share price was really from Jan'31 to 1936 Prechter missed that day in school thus the best days for gold are dead ahead / jim