Fantastic, but possible?.......from Rico

I have been hearing some fantastic numbers being projected for the price of gold lately. Hard to believe numbers, but then again not long ago my greatest fear was that Stalin reincarnated in a skirt (Hillary) would actually be President, too.
- Now look what we have: a "hopey/changey" Marxist foreigner!

Thinking of the price of gold in inflation-adjusted terms and pricing it against Euros and other currencies (not just dollars) I had thought the $2,500 and $5,000 or $8,000 per ounce of gold numbers being bandied about were never gonna happen.
- Just like somebody WORSE than Hitlery was never gonna happen.

Maybe I'm wrong again. Look at these charts and YOU tell ME. Obviously the Great Karnak's job is safe based upon my track record.

In 1930 the Dow was at 34 and an ounce of gold cost $34.

In 1970/80 the Dow was at 800 and the price of gold was at $800 an ounce. Today the Dow hovers near 10,000 and the price of gold is just over $1,000/oz.

I think there is a pattern here. My guess is that the Dow is going DOWN (along with the Dollar), and Gold is going UP. By a LOT.