All That Glitters - Gold Going Higher

$1,321.80 was the high of the day for the spot price.


Here is an amusing chart for your weekend entertainment. It is a 3-year weekly chart of Dow Jones Industrial Average in candlesticks, with Dow divided by the gold price in solid black line. As expressed in gold, the index doesn't look that good, does it? In gold terms, the index is barely off the March 2009 bottom.

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