Tuesday, November 10, 2009

Will the stock market rally continue?



Here's what I said back on August 14...





Nice prediction if I may say so myself!!

3 comments:

Snow White said...

Way to go! Now where is Peter Schiff on this one?

Mike Norman said...

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.

Brantley said...

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.php

http://home.earthlink.net/~intelligentbear/com-dow-au.htm