Tuesday, December 3, 2013

Real versus virtual move

Dow Has Not Broken Out Yet

Dow US-Euro 12-2-2013
Just as I have warned that gold did not breakout above the 1980 in real terms and thus it could not continue to advance, the Dow has not broken out just yet either, this is purely a nominal currency move and not yet in real terms.

No comments:

Post a Comment