Monday, January 3, 2011

Gold Versus Silver Versus Nasdaq Versus USAGX

Seems like the last time silver outpaced gold by this much was in 2008.  It looks like gold is about two and a half years ahead of the Nasdaq as far as performance goes.  Considering gold is more of a "fear" instrument - being the truest form of money, this makes sense.  Hope takes longer to build than fear.  Fear causes much quicker reactions.  Since this is two years faster over ten years, we can expect the bubble to end around four years earlier than the Nasdaq's.  The Nasdaq took 18 years, this should complete by around 2014/2015 if fundamental changes take place - likely a new monetary system.

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