HeliBen

Gold/Dollar Ratio Goes Parabolic

I also do not see much relevance in comparing the dollar index to gold. Fiat versus other fiats constantly losing or gaining against each other in a race to 0. Like another poster, I think the DJIA versus gold is a much better measure, the dollar and it's value is largely smoke and mirrors.

Incidently, I started buying when gold was around 400 and people were also saying it was "overpriced", never going to break that 450. Then came 730 and same song and dance, overpriced, never going to beat out that old high of 730. Then came 850, 1,000, etc.

Most bull markets end with a 10-20x (and up) price increase, like the djia/nas during the 1980-2000 and pms during the 70s. That puts gold's top around 2,500-5,000.