Wednesday, February 4, 2015

When is Gold Under and Overvalued Compared to the DOW?

"Generally, the Dow is undervalued in terms of gold when it costs less than 4 ounces of gold, valued fairly at about 6 or 7 ounces of gold, and overvalued when it costs more than 10 ounces of gold."

- Mike Maloney, best selling author of the Guide to Investing in Gold & Silver