Gold Higher than the SPX

Thursday, October 09, 2008 | 05:30 PM

Eddie Elfenbein points out that Gold is now higher than the S&P 500.

S&P 500 at $909.

Gold at $930

This is some pretty wild stuff . . .

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Gold Weekly (cash contract)Gold_weekly_cash

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SPX Weekly

Spx_weekly_10_years

Thursday, October 09, 2008 | 05:30 PM | Permalink | Comments (118) | TrackBack (0)
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Comments

Gold is a terrible investment.

If gold every worked out in the long run as an investment, brass, lead and gun powder would have been a better investment.

Posted by: Owner Earnings | Oct 9, 2008 5:34:27 PM

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