Gold Bull Perspective

This gold bull market is about six years old. Some other bull markets out of the past to relate this gold bull to: Still, it is just "jacks for starters".

S&P 500 July 82-Aug 00 - 1,366%
Nasdaq Oct 90-Feb 00 - 1,324%
Bonds Jan 81- Sept 98 - 1,241%
Homebuilder Index Feb 00-July 05 - 954%
WTI (oil) Jul 70-Dec 79 - 882%
Hang Seng Dec 87-July 97 - 665%
Dow Tranports Jun 49-Feb69 - 529%
Japan Land 1q75-3q90 - 467%
Nikkei Sep 82-Dec89 - 463%
Gold July99-current - 161%

(source: DataStream, Haver Analytics, Merrill Lynch)

----------------------------------------------------

Bloomberg news:

Commodities Head for Biggest Monthly Increase in 32 Years Sept. 28 (Bloomberg) -- Commodities headed for the biggest monthly gain in 32 years, led by wheat, crude oil and gold, as the dollar's slump enhanced the appeal of energy, grains and precious metals as a hedge against inflation.
...

----------------------------------------------------

The investing public is still comatose. Alexa's daily reach for Kitco's site:

Still, just "jacks for starters".