Where's the equity recovery when deflated by gold? (copy the link into a new tab/window)
http://stockcharts.com/c-sc/sc?s=$SPX:$GOLD&p=W&yr=3&mn=0&dy=0&i=t65820977414&r=7166
With the recent correction the SP500 and drop in the Euro, look around the May 6th "flash crash" on how gold and silver decoupled. UUP is the US dollar and is the better of the bad fiat currencies for now. People should take this opportunity to buy gold and silver while the dollar is "strong". The writing is on the wall when you look at the Euro. Not only can you buy less gold/silver, but the cost of imports goes up.
After listing to Marc Faber's recent interview, the rally in the US dollar will allow for another stimulus package this fall.
ReplyDeletehttp://www.youtube.com/watch?v=aPZ44PLALmU