Revisiting the Dow vs. Gold Comparison (ETFs: GLD, IAU)

Includes: GLD, IAU
by: Teresa Lo

The World Gold Council notes that

The man who predicted the current commodities rally towards the end of the last century is reported as saying that the price of gold may not stop rising until it tops $1,000 an ounce.

In an interview with Bloomberg, Jim Rogers, the ‘celebrity’ investor and commodities guru, stated that raw material and energy prices were such that it would continue to drive up the metals markets of gold, silver, copper and platinum.

“The shortest bull market for commodities lasted 15 years, the longest 23 years,