Burst Bubble? Commodities' Long-Term Story Remains Intact [View article]
The bullmarket in gold is over when DOW/Gold ratio is around 1. At the moment it is about 13. I surmize that at the top, gold will be at $7000-$8000 and the Dow at around 12,000. Thus, I my opinion gold is still VERY undervalued.
To put action to words, I'm heading to the coin shop this weekend to buy gold.
Time for the 'Commodities Contrarian Contango' with Precious Metals and Energy [View article]
Burst Bubble? Commodities' Long-Term Story Remains Intact [View article]
At the moment it is about 13.
I surmize that at the top, gold will be at $7000-$8000 and the Dow at around 12,000. Thus, I my opinion gold is still VERY undervalued.
To put action to words, I'm heading to the coin shop this weekend to buy gold.