Carrera wrote,
"Many will laugh at this and send me packing but I will relay to you what I was told about 12 months ago from a man who is much wiser than most and moves in circles that most of us don't even know exists. He told me that the price of gold will reach parity with the Dow Jones in numerical terms - i.e gold $3000 p/o and DJI 3000 or what ever figure the two reach. Could this ever happen and theoretically, what would the impact be?"
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Historically that has already happened a few times. It is just cycles. It will happen again. Hopefully real-estate here in Australia is nice and cheap at that point so gold/silver related assets can be transferred to something better.
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gold heads into orbit, qe3 incoming, page-91
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