Home › Forums › Financial Markets/Economics › DOW Drops over 360 points
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4plexowner.
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November 1, 2007 at 8:57 PM #10791November 2, 2007 at 3:54 AM #94491
eyePod
ParticipantOf course it’s near its all time high
November 2, 2007 at 3:54 AM #94527eyePod
ParticipantOf course it’s near its all time high
November 2, 2007 at 3:54 AM #94535eyePod
ParticipantOf course it’s near its all time high
November 2, 2007 at 4:27 AM #944944plexowner
ParticipantWhen measured in gold, the only real money, the Dow is worth about half of what is was worth in 2000
That’s right, if you had sold your stocks in 2000 and put the money in gold you would have doubled the purchasing power of your investments
That’s 100% gain since 2000
How much is the Dow up since 2000?
November 2, 2007 at 4:27 AM #945384plexowner
ParticipantWhen measured in gold, the only real money, the Dow is worth about half of what is was worth in 2000
That’s right, if you had sold your stocks in 2000 and put the money in gold you would have doubled the purchasing power of your investments
That’s 100% gain since 2000
How much is the Dow up since 2000?
November 2, 2007 at 4:27 AM #945304plexowner
ParticipantWhen measured in gold, the only real money, the Dow is worth about half of what is was worth in 2000
That’s right, if you had sold your stocks in 2000 and put the money in gold you would have doubled the purchasing power of your investments
That’s 100% gain since 2000
How much is the Dow up since 2000?
November 2, 2007 at 5:02 AM #94544orthofrancis
ParticipantIn 2002 the Down was averaging around 8500 – not quite half of this years 14,000. so they are roughly keeping on par with each other.
November 2, 2007 at 5:02 AM #94536orthofrancis
ParticipantIn 2002 the Down was averaging around 8500 – not quite half of this years 14,000. so they are roughly keeping on par with each other.
November 2, 2007 at 5:02 AM #94501orthofrancis
ParticipantIn 2002 the Down was averaging around 8500 – not quite half of this years 14,000. so they are roughly keeping on par with each other.
November 2, 2007 at 7:29 AM #945284plexowner
Participantothofrancis – had any math classes lately?
November 2, 2007 at 7:29 AM #945644plexowner
Participantothofrancis – had any math classes lately?
November 2, 2007 at 7:29 AM #945724plexowner
Participantothofrancis – had any math classes lately?
November 2, 2007 at 8:50 AM #94571(former)FormerSanDiegan
ParticipantWhen measured in gold, the only real money, the Dow is worth about half of what is was worth in 2000
What happens if you use the same logic for house prices ?
Does that mean that home prices are really not in a bubble, since they are now relatively cheap compared to gold ?…. ANd don;t give me the same stale argument that houses don;t follow the same rules because they can’t be transacted across international borders or easily transferred. I can buy or sell a house with cash and use that cash to buy/sell gold. Although the market is not as liquid, it is still possible to transfer assets to/from gold, real estate, stocks and cash fairly easily.
November 2, 2007 at 8:50 AM #94620(former)FormerSanDiegan
ParticipantWhen measured in gold, the only real money, the Dow is worth about half of what is was worth in 2000
What happens if you use the same logic for house prices ?
Does that mean that home prices are really not in a bubble, since they are now relatively cheap compared to gold ?…. ANd don;t give me the same stale argument that houses don;t follow the same rules because they can’t be transacted across international borders or easily transferred. I can buy or sell a house with cash and use that cash to buy/sell gold. Although the market is not as liquid, it is still possible to transfer assets to/from gold, real estate, stocks and cash fairly easily.
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