The way I see it the DOW & Gold will run up together over the...

  1. 3,792 Posts.
    The way I see it the DOW & Gold will run up together over the next couple of months.

    The DOW (expensive as it is) is cheap compared to U.S Property.

    U.S Property is cheap when compared to Peers like Australia:)

    The U.S.A Markets have much to go before they reach Backyard Blitz, Hot Property style proportions.

    All the while Gold reaches decade+ long production minumums while comsumption rises to new levels!!!!

    If such a thing as a commodity supercycle exists surely Gold must rise above current levels????

    Some say $500-$800 will be the range.

    It really is hard to argue with such numbers.

    Anybody holding out for $1500+ USD/Oz better be willing to wait a couple of years!!!

    hehehehe.

    Cheers.

 
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