Point being gold is up since 9 11 2001
Same for oil
Point being gold is up since 9 11 2001
Same for oil
If you can, show a chart of the Nasdaq from Jan 1999 to Jan 2001. The upchart here, looks virtually identical.
I pulled it up, but could not find a way to cut and paste it.
I’m not a chartist, but do follow it a wee bit. Comparing the two, you see the same volatility, then the major upspike, a correction that rallies harder....
Again, not to argue or make anyone mad, just find it interesting. I certainly don’t need any FR Gestapo agents to call my employer or anything...
LOL! Trying to show the value of gold over US currency by posting a plot of USD/oz vs year isn’t logical. Gold is simply an object subject to demand. It is not currency anymore than gravel is. They are both trade items. Your valuation is given in dollars, because otherwise you’d have no unit to value it in, other than tons of gravel, ect..., which also have an equivalent dollar measure.
