An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Way to go! Now where is Peter Schiff on this one?
Schiff's been bearish the whole time. He's always bearish. He's a broken record. And in the last six months even as gold rallied to record highs (but still 50% below the 1980 high in inflation adjusted terms), the Dow has rallied equally as much, however, if an investor reinvested dividends paid by Dow stocks, he'd be WAY ahead of gold.
Mike....can you point me to the chart or source of dividend reinvestment in the Dow out performing gold. The links below are just DOW to Gold....don't know if they include dividend reinvest.http://news.goldseek.com/GoldSeek/1257429659.phphttp://home.earthlink.net/~intelligentbear/com-dow-au.htm
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