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| Gold has really been on a march??? I have always thought gold was a hedge against poor economy/inflation.
I had gold laying around that I purchased 15 years ago, over the years gold just couldn't break $2,000. Then around Nov. noticed it was over $2,000 so I sold 2/3's of it, since then it has ran another $160???
I also have silver, and that price is not moving??? Looked at 20 year chart this morning, Silver and gold made all time highs in 2011-2012 just below $50 for silver, and gold around $1,800. Today silver is half that price $25 while gold is $375 over and at new all time highs.
Just wondering, why the disconnect???
I also realize the Dow and S&P have new retirement money coming in everyday to keep them rising, but with the poor economy, high inflation, gold at record levels, I am very surprised they are doing so well.
Normally the above scenario would have the Dow crashing, I am not sure what is keeping it at such lofty levels. | |
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Gold vs. Silver vs. everything else
