Home › Forums › Financial Markets/Economics › DOW Drops over 360 points
- This topic has 20 replies, 5 voices, and was last updated 16 years, 5 months ago by 4plexowner.
-
AuthorPosts
-
November 1, 2007 at 8:57 PM #10791November 2, 2007 at 3:54 AM #94491eyePodParticipant
Of course it’s near its all time high
November 2, 2007 at 3:54 AM #94527eyePodParticipantOf course it’s near its all time high
November 2, 2007 at 3:54 AM #94535eyePodParticipantOf course it’s near its all time high
November 2, 2007 at 4:27 AM #944944plexownerParticipantWhen 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 #945304plexownerParticipantWhen 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 #945384plexownerParticipantWhen 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 #94501orthofrancisParticipantIn 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 #94536orthofrancisParticipantIn 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 #94544orthofrancisParticipantIn 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 #945284plexownerParticipantothofrancis – had any math classes lately?
November 2, 2007 at 7:29 AM #945644plexownerParticipantothofrancis – had any math classes lately?
November 2, 2007 at 7:29 AM #945724plexownerParticipantothofrancis – had any math classes lately?
November 2, 2007 at 8:50 AM #94571(former)FormerSanDieganParticipantWhen 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)FormerSanDieganParticipantWhen 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.
-
AuthorPosts
- You must be logged in to reply to this topic.