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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: SouthFloridaGuy who wrote (89105)10/24/2008 4:36:21 PM
From: ajtj99  Read Replies (2) | Respond to of 116555
 
Long, I'm just going by the charts. The Gold trading box below $730 extends historically either to $453 (1980) or $542 (2006).

I'm just taking the higher of the two historic trading boxes.

Check a Gold chart going back to 1980 and you'll see what I mean.

Here's a link to a whole bunch of historical charts you may like:

chartsrus.com

To get the Dow/Gold ratio you're talking about would mean either we're going to have 10-15% inflation or another Great Depression, which are the only times the ratio got as low as you're looking for.