icandoitdon

Dow in Secular Bear Market When Priced in Ounces of Gold

"Cutting interest rates...and devaluation of the US dollar...has caused pain for the US consumer. This pain is often blamed on president Bush who took office just as the Dow/Gold ratio broke out of the "symmetrical triangle" pattern."

are you serious? the administration is up to its neck in pushing us toward third world nation status. consider administration talking points during the bush presidency:

1. a weak dollar promotes exports.
2. free trade promotes world economic growth.
3. low interest rates promote domestic economic growth.
4. budget deficits don't matter.
5. we fight terrorists in iraq so we don't have to fight them at home.

every one of these positions has contributed to our weakened state economically and politically.