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


To: $Mogul who wrote (95198)3/12/2009 7:51:57 AM
From: westpacific4 Recommendations  Respond to of 116555
 
Gold and Dollar - and Related

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Interesting, been watching this for awhile, if you overlay price to the dollar, gold has not outperformed!

Gold, Silver, Renminbi, Yen - all have performed lock step with the dollar (retained value).

Canada, Brazil, Russia, Australia - all have (lost value) against the dollar.

Which begs to differ, until the dollar drops and gold stays at current levels or moves higher, GOLD has not outperformed pure dollar holdings.

The dollar is now outperforming silver, gold, yen...(past month)!

What has (lost value) are real estate, stocks, commodities, but pure dollar holdings and gold have not!

Yes, gold has gone up in value terms vs the dollar, that is not my point...what my point is - what is holding value so far. Remember, that dollar will today, buy one heck of a lot more stock (commodity) than it did a few years ago, thus it has retained value.

Will that change, we watch. Remember forget what you hear on the box, trust what you read in your own created charts (charts tell the truth, what you hear or read on the internet, that is another story!)

As for posters like Rogue, he should not be banned, as maybe there is some truth hidden within what he posts, we really do not know what the future holds. If Mish locks him out, that really goes against the spirit of America. And I was ashamed by many posters here that block freedom of thought and speech...

You do not like his post, put him on ignore or do not read what he posts, but to BAN HIM, what is happening to you all, look in the mirror.

15 people liked what Mish posted, lock him out and kiss this board goodbye, including me.

West