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Message: Could Less Than One Ounce of Gold Buy the Dow?

Could Less Than One Ounce of Gold Buy the Dow?

posted on Feb 20, 2009 09:46AM

Could Less Than One Ounce of Gold Buy the Dow?

At the rate at which it's been plunging (which has been about one gold ounce per week less that buys a Dow share) it seems reasonable that if this continues, then we'll see the historic low of the 1:1 Gold/Dow ratio by this Spring!

Gosh!

So, what's to prevent a break in tradition so that even less than the price of one gold ounce buys the Dow?

For example, Gold at $ 4,000 per ounce and the Dow at $3,500 ?

Why not? And, do I hear he makings of another Q-Call here?

Baires

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