Thursday, October 19, 2006

All Time High for the DJIA, or Is It?

The DJIA has moved over 12,000 in terms of dollars; but in terms of gold, it remains in a very well-defined "bear market." See the following chart.

May be we should be purchasing gold, like GLD or GDX, and not equity stocks. What do you think? Make your comments during the coming week.

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