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solar jim » Comments » GLD

  • Invest in Silver Over Gold [View article]
    well, you see, its actually around 7,500 on a relative basis although the actual point number is in the 9,000's today. The reason is that the dollar has been debased since the dow was last at 10,000. Looking from the bottom in the 6'000's the dow has really only recovered to 7,500'ish due to the dilution of purchasing power of the dollar. Look no further to understand the rise in gold - and why it will continue to do so.


    On Nov 03 08:51 PM Hyperinflation wrote:

    > I think the market is grossly overvalued at 10k. I think the next
    > bear market decline will bring the dow somewhere between 8000-8500
    >
    Nov 04 18:03 pm |Rating: 0 0 |Link to Comment
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