gold breaks out, page-125

I'm a gold bug Andy and have been since I saw Pierre Lassonde's DOW/Gold ratio breaking to new highs 14 yrs ago. For me it's a case of the world's reserve currency not paying a positive inflation-adjusted return because the economy and stock markets are struggling. If you have savings, gold is a great alternative. Since 2008 you have to worry about getting your money back at all (e.g European bank runs lately). I also think global conditions will worsen before they improve, with DOW/gold ratio falling further. But I do enjoy thinking past this mess through to the other side...