DJIA Priced in Gold: What It Means for the Long-Term Trend

DJIA Priced in Gold: What It Means for the Long-Term Trend

Of the many forward-looking
market indicators we at EWI employ,
one of the most interesting tools
(and least discussed in the financial media) is the DJIA priced
in gold — “the real money,” as
EWI’s president Robert Prechter
calls it. What implications might the present position of Dow/gold
have for the long-term trend of the nominal Dow? In this video,
Elliott Wave International’s Steven Hochberg shows you several revealing
charts that answer this question.

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