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A "Monster Box" now buys the Dow 30
The Dow:Gold Ratio get's a lot of play.....but folks do not tak about Dow:Silver too much.
As of this very moment: 7200 Dow / $14.50 Silver Spot = 496 ozt. The old Dow is taking a pounding relative to the PM's ...but just being destroyed by silver over the last 2 months. On January 2 it was 9035 / $11.08 = 815 ozt......that is the Dow was a crushing 315 ounces higher = 65% higher than it is today....not even 2 months ago. I'm enjoying the silver bull ride these days. |
Re: A "Monster Box" now buys the Dow 30
Monday 2-23-09 Close:
Dow = 7115 Silver = 14.44 7115 / 14.44 = 492.7 |
Re: A "Monster Box" now buys the Dow 30
And that's at spot where you ain't gonna buy a monster box. Reality is that with a m box, you could buy the DOW with a couple of thou in change left over.
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