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<p>[QUOTE=&quot;fatima, post: 1225947, member: 22143&quot;]The current currency system in the United States has only existed since 1971.&nbsp; Anything prior to that date would be a meaningless comparison.&nbsp; The value of gold was fixed at $35/oz-Au from 1933 to 1971.&nbsp; 100 years ago the $ was defined in terms of silver which itself was defined in terms of gold.&nbsp; i.e. the number of $s was limited to the physical amount of gold.&nbsp; 100 years ago, gold was in everyone&#039;s pocket and nobody owned stock.&nbsp; Today it&#039;s exactly the opposite.&nbsp; </p><p><br /></p><p>As noted, since 1971 there is no relationship between gold and the USD (and hence the DOW) except as a hedge against the Federal Reserve Note which itself, the concept even, didn&#039;t exist then.&nbsp;&nbsp; I don&#039;t see how valuing the Dow in those terms would provide any use to an investor today.&nbsp; Not as important, but a consideration is the Dow itself hasn&#039;t been fixed over this period. It&#039;s nothing but a weighted valuation of just 30 stocks.[/QUOTE]</p><p><br /></p>

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