Dow & Gold At Highs?
Ok, I'm confused. The Dow cracked 10,000 yesterday for the first time in a year, while gold finished today at $1,050/oz, which is just off an all-time high. This doesn't make a lot of sense, with gold so often being strongest when stock markets are at their weakest.
My biggest market fear is that inflation is inevitable, thanks to the rampant printing of valueless money wrought by the stimulus, so in that sense, the gold price makes perfect sense. But the stock market? Why is it so high?
I'm going to have to do my homework on this.