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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Gold & Dow Inflation Adjusted

    Lobo
    Lobo
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    Posts : 28411
    Join date : 2013-01-12

    Gold & Dow Inflation Adjusted Empty Gold & Dow Inflation Adjusted

    Post by Lobo Fri Dec 11, 2015 1:52 pm

    Gold & Dow Inflation Adjusted

    Posted on December 11, 2015 by Martin Armstrong

    Gold & Dow Inflation Adjusted 877x563xGC-1982-Dollars.jpg.pagespeed.ic.JfMdUClg9u
    QUESTION: Mr. Armstrong, you have said that gold adjusted for inflation has not exceeded the 1980 high. Have we exceeded the 1929 high in the stock market?
    Just curious
    KW
    Gold & Dow Inflation Adjusted DJInd-Y
    Dow Jones Industrial in LOG Scale
    ANSWER: The 1929 high on the Dow Jones Industrials was 386. That adjusted for inflation in 2015 dollars would be $5,300.43 assuming each point in $1. So yes, we have obviously well exceeded that level and it equates to support in the 15,000 area today which is about a 300% multiple. That equivalent in gold would be major resistance which would be in the $6,000 level.
    This entry was posted in Gold, Q&A and tagged DOW, Gold, Gold Adjusted for Inflation by Martin Armstrong. Bookmark the permalink.

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