“So, we can say that, yes, the Dow has been in a bull market since October 2002 in dollar terms, but it has been in a bear market in gold terms. This is an important point to understand. In case we should experience continuous monetary inflation, which could lift, over time, all asset prices such as stocks, real estate, and commodities, some asset classes will increase more in value than others. This means that some asset classes while rising in value could deflate against other asset classes, such as happened with the Dow against gold since year 2000. – Marc Faber, writing at GloomBoomDoom.com, April, 2006, as quoted at SafeHaven.com
Jim’s Quote of the Day:
- Ad Barter and Sell at Simcour Trading PostA new site for individuals to barter and sell items of interest to other like-minded individuals
- Ad The Good News About Nuclear Destruction.The lethality of all nukes can be reduced by 90% when you know beforehand what to do and not do.