Sunday, February 3, 2013

He Who Laughs Last, Laughs Best! Dow at 14,000 and People Laugh About the Gold Price? Ha!


Some people have been teasing me and saying "the Dow is at 14,000. where is your gold price? Ha!"



Really? Let's compare apples to apples, my friends:

Gold/Silver Exposes 2007 Dow $14,000 v. 2013 Dow $14,000 

"...what does Gold tell us about the recovery of the top in the DOW? 

In 2007 it took 20 ounces of Gold to buy 1 stock in the Dow index. 

In 2013 it only takes 8.3 ounces of Gold to by 1 stock in the Dow index. 

The Dow is off 58% from its 2007 high in terms of Gold. 

What does Silver tell us? 

In 2007 it took 1056 ounces of Silver to buy 1 stock in the Dow index. 

In 2013 it only takes 439 ounces of Silver to by 1 stock in the Dow index. 

The Dow is off 58% from its 2007 high in terms of Silver."  

Now, whose laughing? My detractors or moi? Ha! Ha! Ha! Ha! Ha!

Need physical gold or silver and living in Japan?

Where to buy physical gold in Japan

Time is Running Out! Buy Silver & Protect Yourself & Your Family!

Also refer to: Stocks Will Go Higher if We Keep Printing Money where you can find this excellent quote about the stock market rally

2 comments:

Mr. Nobody said...

Hello Mike,

I found an article that I hope that might be of some interested to you.

http://www.safehaven.com/article/20734/japan-versus-usa-same-depression-with-a-lag

When priced in gold, it talks about how both the Nikkei and DJIA are in long term bear markets.

It's amazing, when looking at the Nikkei in gold, it has done nothing in 30+ years! The DJIA is following the same trend, just lagging by a decade or so!

http://static.safehaven.com/authors/brochert/20734.png

(Nikkei in red/black)

http://pricedingold.com/charts/DJIA-1985.png

(DJIA in blue)

I will ask the obvious. If the Nikkei has done essentially nothing for 30+ years, with the DJIA has done nothing for 20+ years, what do you think the DJIA will do in the next decade?

Where do we go from here?

Care to make any predictions?

mikeintokyorogers said...

Hi Mr. N,

I got a great prediction! I predict that if you save money by buying precious metals like silver and gold instead of putting your money in a typical low-interest returning savings account at a bank, in 5 ~ 10 years you will be a VERY happy man and you'll say, "Wheeee! This investing stuff is easy!"