Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: T. Jefferson
His post was comparing the 1990's low of gold vs. Nasdaq to today. Nas is up 700 percent vs. 200 percent for gold. Your chart starts at 1999.

When was the low in Gold? 1999!

Since the low in Gold in 1999 it has outperformed the Nas by 73%.

97 posted on 12/07/2005 8:31:52 AM PST by simon says what
[ Post Reply | Private Reply | To 93 | View Replies ]


To: simon says what
When was the low in Gold? 1999! Since the low in Gold in 1999 it has outperformed the Nas by 73%.

You're kidding right? He was comparing the decade low prices of two entities to the current price. The 1990's Nas low was 350, it's 700+% higher now. Do you really wanna compare 73% to 700%? What you're implying here is what most gold bug pumpers do. They claim to be able to buy the low, wait till a new high, then scream from the mountain tops. Nobody in the world can consistently predict the top or the bottom, and rear view mirror charting is for dreamers and liars. Whenever goldbugs say buy, it's a good short. Nice looking charts though.

121 posted on 12/07/2005 9:20:09 AM PST by T. Jefferson
[ Post Reply | Private Reply | To 97 | View Replies ]

To: simon says what; T. Jefferson
Since the low in Gold in 1999 it has outperformed the Nas by 73%.

Since the Nasdaq low in October 2002...

The Nasdaq has outperformed gold by 30%.

139 posted on 12/07/2005 10:04:20 AM PST by Toddsterpatriot (The Federal Reserve did not kill JFK. Greenspan was not on the grassy knoll.)
[ Post Reply | Private Reply | To 97 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson