Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

A Dollar-Devaluation Adjusted Market Has Barely Moved Above Its 2009 Lows

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Tyler Durden
Zero Hedge
Monday, November 8, 2010

While nominal stocks will soon be reaching for new all time highs, very much in the spirit of the Zimbabwe stock market, all of these so-called price levels (and the associated “wealth effect”) are increasingly irrelevant as they continue to come solely at the expense of ongoing global currency devaluation, whose only alternative is the purchasing of hard currencies such as gold and silver. Which is why when expressed in terms of gold, it may be surprising to some that the stock market has barely moved from its generational lows recorded in March 2009. In other words, over the past two years there has been no real growth in asset values, as it has all come at the expense of every central bank’s ongoing, and accelerating, debasement of its currency.

A Dollar Devaluation Adjusted Market Has Barely Moved Above Its 2009 Lows ES%20in%20GOLD 0

This article was posted: Monday, November 8, 2010 at 1:06 pm





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Keith Olbermann Trash Talks Drudge, Infowars In Bizarre Twitter Rant See the rest on the Alex Jones YouTube channel.

See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.