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I wish the DJIA was like AQ's reputation points ...


asbo

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Kuod/rep points are of fixed value they are worth today what they were worth yesterday.

THe DJIA is valued in dollars which does fluctuate. One way that I de-couple the DJIA from the dollar is to look at the dow/Gold ratio which "typically" runs between 10-8 (Goolge dow to Gold ratio it is a standrd approach and the history is really quite telling, you can see where the US switched from longe term bonds to short term).

Event with the Fed reserves attempt to quensh the price of gold it is still holding its own (only thing that made monet last quarter) it is still holding strong. When mentioning the current pull-back of gold my wife (rather than freaking) replied "We just don't hve any more cash to but any right now!"

Any wonder why she is my better half?

Ben

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