En hel del charts på Chris hemsida The Weekly Telegram denna veckan, bla guldpriset från 1960 med log scale. Chartet visar hur en spike upp mot $20,000 inte skulle vara något märkvärdigt:
below is a chart of what $20,000 gold looks like. Yes, it may seem outlandish, but if the Dow/Gold ratio hits 1, this gives us $13,000 gold. This is just history repeating. All it will take is a small superspike from that point to catapult us over $20,000. It’s really not as outlandish as you may think.
Och här är Dow/Guld ration från 1890, mönstret är tydligt:
As an investor, do not pay any attention to what these central planners say. All you have to do is have a little knowledge of historic trends. The Dow/Gold ratio below is one of the best indicators to follow
This chart should be posted up on everyones wall. It should be posted on your car windshield. Put it in your refrigerator. If you are not married, place it on a pillow next to you. If you are married, place it on a pillow next to you. Whatever you do, understand that this is a roadmap. It is an X-ray of the market. Surgeons and dentists do not do surgery until after they take X-rays. Well, so too should an investor not allocate his capital unless he has an X-ray of the market. The problem is that many people want gold to go up 20% every day. This is not how markets work. Big moves take time. They take patience. But stocks will continue to lose value against gold.