Actually, the worthless dollar are the main reason for the higher stock markets here. I gave up a while back trying to equate rising stock prices with values. It’s mostly about Fed Policy these days.
CORRECT!
Here is a comparison of Exxon stock and the price of gold at the time of Obama's inaugurations:
Jan 20, 2009
Exxon stock price per share = $ 78.04Jan 22, 2013
Gold price per ounce = $ 853.25Shares of Exxon needed to purchase 1 ounce of gold = 10.93
Exxon stock price per share = $ 91.73
Gold price per ounce = $ 1,690.50Shares of Exxon needed to purchase 1 ounce of gold = 18.43