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Chart of the Day: The Dow priced in gold

Posted By admin On November 13, 2009 @ 5:15 am In Featured Stories,Money Watch | Comments Disabled

Rolfe Winkler
Reuters [1]
Friday, Nov 13th, 2009

Gold’s recent behavior strikes me as similar to oil circa July ‘08. With it leaping to another new high today — $1,119 — I thought I’d offer the following chart for reader comments:



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[1] Reuters: http://blogs.reuters.com/rolfe-winkler/2009/11/11/chart-of-the-day-the-dow-priced-in-gold/

[2] Image: http://www.prisonplanet.com/2009_christmas_special.htm

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