First things first, The Dow/Gold Ratio is a measurement of how many
ounces of gold it takes to buy the Dow Jones Industrial Average.
It's an easy way to see what assets to be purchasing. in 1966,
stocks peaked and that was the time to get into gold at $35 an
ounce. Gold went up to $850 in January 1980 while stocks remained
flat for those 14 years. In 1980 it was time to switch from gold to
stocks. Twenty years later the Dow could buy 44 ounces of gold.
Today those 44 ounces of gold are worth $70,000. So $35 in 1966
could have turned into $70,000 by doing three transactions. The
Dow/Gold Ratio shows that we are in the gold cycle. In a few years
when 1 or 2 ounces of gold buys the dow, that will be the time to
switch back to stocks. Wealth doesn't come from spending, wealth
comes from savings and investing.
What I’m doing with my life
I started a lawn business and I love it, except for the 26% federal
tax rate, and that doesn't include the county business license tax,
sales tax, gas taxes, trailer registration tax, accountant fees (to
calculate all the taxes), etc. I did 4 years in the Marine Corps
and I've seen how tax dollars are wasted.
I’m really good at
a lot of stuff.
The first things people usually notice about me
I wear nice shoes.
Favorite books, movies, shows, music, and food
Dance, trance, and club mix.
Mtn Dew even though its bad because of high fructose corn syrup and
sugar. I don't like fancy food with tons of fluff. I try to eat to
live, not live to eat.
The six things I could never do without
1: Keys to my truck
2: The scroll wheel on the mouse
3: My passport
5: The internet, minus the bloggers who ramble on about
I spend a lot of time thinking about
The Dow/Gold Ratio
On a typical Friday night I am
Checking the price of gold and silver.
The most private thing I’m willing to admit
I have doubts that cavemen were responsible for 9/11. I'm not
saying I believe the conspiracy theories, I'm just saying I have
doubts, that's all.
You should message me if
you save and invest so eventually you can live of interest and