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All markets are subject to tidal, wave and ripple
action. Fortunes are made by those
who are aware of and follow the tides. Some
may prosper following waves of market action.
Most waste their time, energy and resources trading the short-term
ripples.
The long-term chart of the Dow/Gold Ratio presented here indicates that
the tide has turned and is flowing against most forms of stock market
investments represented by the Dow Index and in favour of Gold. The new trend appears to be established and the potential
distance in terms of time and market consequences to its next reversal point,
appears to be significant.
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