Why would you compare housing or the DOW to jewelry?
Because jewelry is basically just precious metals, traditional stores of wealth – they don’t go up or down much in value. The point is to try to see if we are in a true bull market or if our measuring stick, in this case the USD, is magnifying the apparent gains.
… now what if we plot housing prices with respect to Gold or Foreign currencies ???
I remember seeing those somewhere. If I find them again, I’ll post the link.
