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Homestake Mining vs DJIA 1920-1940
Posted: Sat May 05, 2012 12:54 pm
by MachineGhost
Re: Homestake Mining vs DJIA 1920-1940
Posted: Sat May 05, 2012 2:12 pm
by murphy_p_t
I notice how the stock market took off at the time FDR confiscated gold. Is QE the modern equivalent? Is QE what caused the freefalling stock market in 2008-2009 to make the V-bottom?
Re: Homestake Mining vs DJIA 1920-1940
Posted: Sat May 05, 2012 2:42 pm
by murphy_p_t
i like this chart...interesting how well this miner did during deflation...i suspect input costs fell...as they were just digging money out of the ground.
what's the next Homestake?

Re: Homestake Mining vs DJIA 1920-1940
Posted: Sat May 05, 2012 3:25 pm
by Ad Orientem
Don't you just wish you could lay your hands on a time machine?