has anybody ever charted the Dow in gold price rather than USD price? (long term chart) would be interesting to see how the elliott wave would look on that.
What has brought it to my mind is the seemingly outlandish forecasts of dow falling to 2000 or even 500, perhaps it could have falls that big in gold terms not in USD terms.
ie dow falls 50% & gold doubles = dow in real terms falling 75% - real terms being gold standard.
Anyway have a good weekend folks. Beer O'Clock; will look for replies next week.