ikonoklastik

Is the Equities Party Over?

That Dow/Gold chart is a piece of garbage. Any asset can be priced in terms of another to create a synthetic chart like that. It's a lot more illuminating to chart dollar/gold because that plot will show you a meaningful symmetry. And the assumptions behind using a TWO HUNDRED year chart are absurd. How many other pre-Industrial Revolution metrics would you like to share in order to "prove" your thesis? Oh pleeese.