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TheLonger Term Implications of Basel III (January 2013) - Gold's Triumphant Return?
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<p>[QUOTE="Juan Blanco, post: 1605911, member: 41665"]Since 1973? I doubt that. That's also unproven. </p><p>The average rolling 15-, 20-, 25-year stat since then is <i>what</i>? </p><p><br /></p><p>the Gold/Wheat Ratio is HALF what it was in 2010. I think Gold is not yet cheap ... but it's getting there. </p><p>Wheat at $9.bu (Blackstone/Wien's call) Gold is <i>very </i>cheap at $1,450. and probably still at $1,800. This is the New Normal.[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1605911, member: 41665"]Since 1973? I doubt that. That's also unproven. The average rolling 15-, 20-, 25-year stat since then is [I]what[/I]? the Gold/Wheat Ratio is HALF what it was in 2010. I think Gold is not yet cheap ... but it's getting there. Wheat at $9.bu (Blackstone/Wien's call) Gold is [I]very [/I]cheap at $1,450. and probably still at $1,800. This is the New Normal.[/QUOTE]
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