Chart of how many ounces gold to buy the Dow Jones Industrial Average
Gold is the immutable standard of value. Everything I watch is now sinking in relation to gold. And I'm talking about stocks, the Dow, the S&P, almost all the world's currencies, all the world's stock averages, most commodities, bonds, real estate, land, you name it. My old friend, James Dines calls it the "great stealth bear market," and he's been very right.I could include relative strength charts of gold against all of the above items, but what's the use -- you get the idea. Against the standard, gold, the world is deflating, and no amount of paper-creation has been able...
Original Article: Forum: News/Activism
Tags: Bear Market, Bonds, Buy Gold, Commodities, currencies, Dow Jones, Friend James, Gold Standard, Old Friend, Real Estate Land, Relative Strength, Stealth, Stock Averages, Stocks, X26