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  • Stocks Down About 80% from Peak

    Stocks are off about 80% from their peak, at least as measured in ounces of gold. This chart shows the Dow priced in ounces of gold. Currently, it takes just under 10 ounces of gold to “buy” the Dow. Over time, this ratio has ranged from 1 to over 40. Some investors use this relationship...
    Posted to Monty Pelerin's World by Monty Pelerin on Sun, Nov 22 2009
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