Dow Jones Industrials Measured In Gold Terms

"When measured in terms of gold, the Dow has actually started to drop significantly. At the end of March, the Dow was about 12.5 times the gold price. This is already a 9 percent decline since December. For the majority of the last 100 years, the Dow has traded far below this level." - in Europac Gold Newsletter

NEW WEBSITE: SCHIFF ON THE MARKETS (CLICK HERE)

You can keep reading Peter Schiff`s market updates and commentary on this new website: Schiff On The Markets (click on the link or on the image below to access the new site)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse. Visit the new website Schiff On The Markets for exclusive content.