i put this on the gold forum today...believe me guys, we're sitting on a gold mine!!
"The S&P500 is at a record high".. i beg to differ..
It was at a record high back in 99/00 in relation to true money ie gold & silver. If you compare it to most other commodities the chart would be similar.
It's only at a record high in fiat currency terms. Printing 85 Billion a month will do that.
I have posted this chart before however thought i'd post it again as it's the most obvious signal of where this is headed.
GOLD 1: DOW 1, maybe even lower if it over shoots.
if anyone can't see a pattern here i give up...
http://www.macrotrends.net/1378/dow-to-gold-ratio-100-year-historical-chart
i put this on the gold forum today...believe me guys, we're...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.235M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $2.624K | 1.311M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 122872432 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 21720689 | 22 |
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| Last trade - 12.05pm 30/08/2024 (20 minute delay) ? |
| PRX (ASX) Chart |