One of the best ways to get a true view of where the market really is involves looking at it denominated in something else other than dollars. One of the most interesting tools (and least discussed in the financial media) is the DJIA priced in gold — “the real money,” as 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, Steven Hochberg shows you several revealing charts that answer this question. My personal favorite is his comparison of the Dow priced in three different terms- Dollars, Gold and other commodities. You get an amazing picture of when the bull market really ended. Check out the video. ~ Tim McMahon, editor.
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