Hi SkolThat Dow/Gold chart is great.The stocks high/gold low...

Hi Skol
That Dow/Gold chart is great.
The stocks high/gold low bubbles shown have a fairly precipitous fall and my GUESS , given the exception financial engineering that has been going on for the last 20 years and the last 10 years in particular, is that this last stocks high/ gold low bubble has a way to go. Stocks may go up but gold will go up more and there is less risk in owning gold until we get to around 5 on the ratio.
Gold seems much less of a risk than cash and bonds here in Oz although the socialists types are after a gold royalty and there's always a risk that our Government will enact legislation concerning gold (its on the books apparently) so some silver may be a good idea too.
Pick the right stocks and you may be OK but another market crash could be a bit of a doozy so you need something of a hedge.