Posts Tagged ‘weak dollar’

Dow/Gold Ratio Hits 7; Multi Decade Low

Thursday, March 5, 2009 19:34 9 Comments

In our 2009 forecast, we mentioned that the Dow Jones/Gold ratio would likely hit 5 this year. A milestone was reached today as the Dow Jones index made a fresh 20 year low in terms of gold. The ratio has fallen to 7, down from the 1999 peak of 42.5 ounces.
Seven 1 oz. gold eagle [...]

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