Claude, The scary part is that this chart ends in approximately January
2001. The Dow/Gold is now about 41. The bigger they are, the farther the
fall... Thanks for the 'big picture'. Got Gold?
Dave
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At 01:15 PM 5/8/2001, C. Cormier - Ormetal Inc. wrote:
Some charts really tell you the big story:
http://freeweb.pdq.net/filskov/dj-au-ratio-lt.gif
Neat.
So, as somebody fairly new to gold, what happened in 1981 to sink
gold? I thought that as the US dollar falls, gold rises and vice versa.
So, as somebody fairly new to gold, what happened in 1981 to sink
gold? I thought that as the US dollar falls, gold rises and vice versa.
Speculative mania, spurred by abolition of the law disallowing people from
owning gold, in 1972, drove the price of gold to astonomical levels, which
had
On 8 May 2001, at 15:13, [EMAIL PROTECTED] wrote:
Thanks for the 'big picture'. Got Gold? Dave
Get your gold stocks!
Claude
http://www.goldcurrencies.ca
http://www.ormetal.com
==
Claude Cormier Public Key
http://www.ormetal.com/PGPkey.html
On 8 May 2001, at 14:23, SnowDog wrote:
Speculative mania, spurred by abolition of the law disallowing
people from owning gold, in 1972, drove the price of gold to
astonomical levels, which had to fall...
Craig,
It was indeed a mania, similar to the recent high-teck bubble. But
the
