Wednesday, July 25, 2007

Gold, The Dow and You

Minyanville's Scott Reamer is not fooled by the all-time high of the Dow on July 17, rather he is prepared for the worst, citing that this high is an "illusion" rather than an excitable thing. Reamer credits the money illusion boosting the Dow to the change in the value of the USD. If you check, hard assets like gold are nowhere near their peaks.

read more | digg story

No comments:

Post a Comment

Your comment will be posted within 1 hour of acceptance by our editorial staff.