2011-08-11

Gold (almost) hit $1,800

These days I really not understand what is going on.

Yesterday I told to a friend that when I see gold price, I need 10 sec to realize if gold go up or down, sometimes I need to check the chart.

Well gold almost hit 1,800 USD.
Dow is 10,719.94.

This makes Dow/Gold ratio = 5.95.

This is new low, since March was 6.90.

However, I believe the calculation is bit wrong, because NYSE stock market is closed now,
and gold hit 1,800 after market hours.

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