tazmac's top 5 gold bubble remarks, page-11

No, I'm referring to time not price SP. The Dow/gold ratio fell to 1 in 1980 but other cycle bottoms happened between 2 and 5. We've fallen a long way from 42 ten years ago, who's to say we won't reach a higher bottom on this cycle?

It's important to look at a range of assets and to move from having a purely dollar-price focus. And for goodness sake, throw the conspiracy theories in the bin... nothing happened after the 100-1 leverage run on the bullion banks, maybe the Nova Scotia vaults aren't empty after all.

In my opinion you've oversimplified too much, not understanding USD strength during the financial crisis and poor performance of gold stocks during the 2004-08 commodity inflation.. not to mention the bull market in bonds alongside gold.

All these cross-currents, seemingly contradictory, are telling us something. Gold may not be rising due to impending collapse of the USD and hyperinflation as many here suspect

Rowingboat