The Secular Case Against Gold
With the gold price at 23 year highs, Mahalanobis reminds us of the secular case against gold. The Dow/gold ratio isn’t pretty either. Funnily enough, gold bugs love this chart, believing it shows overvaluation in stocks!
posted on 02 December 2005 by skirchner in Economics
(0) Comments | Permalink | Main
Next entry: The Pessimistic Punditocracy
Previous entry: Betting Against Themselves: Buffett, Gates and the Dollar
|