muses of the moment

November 21, 2012

Dow/Gold Ratio

Filed under: 401K and IRAs, Fiat Currency, Gold and Silver Investing, Precious metals, Stock Market — totallygroovygirlfriday @ 12:14 pm

Click here.

This is the most important chart to see the real health of the stock market and the US Dollar. This is how fiat currencies fool investors into thinking they are richer than they are.

Notice the US stock market has not been healthy since 2000. We have hit the current resistance level.

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3 Comments »

  1. http://www.sharelynx.com/chartstemp/DowGoldRatio.php

    Comment by avshalom — November 21, 2012 @ 2:04 pm

  2. gg,

    A word of caution to those who use USPS to ship precious metals. Franklin Sanders stated the following in his latest market commentary –

    “Here’s what I like about doing business with the yankee government: they change the rules on you whenever they like, and are always happy to stab you in the back without shame or apology.“

    “We send out lots of insured packages through the postal monopoly, USPS, nor is this an inexpensive service. They lost a package valued at $1,000, but before our claim was processed, they sua sponte changed the rules: we will no longer pay insured mail claims against silver, gold, or currency. We found out when we got a check for $16.95, which was, you guessed it, the postage on the package. They kept our thousand bucks.”

    http://the-moneychanger.com/eCampaign/commentary.php?Key=20121120

    Comment by sw — November 21, 2012 @ 3:21 pm

  3. Good to know.

    gg

    Comment by totallygroovygirlfriday — November 21, 2012 @ 6:17 pm


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