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Is Gold the Bargain of the Decade?

By Jordan Roy-Byrne CMT, MFTA •Posted on November 05, 2009

Nico Isaac of Elliot Wave compares the fall in the US$ to the rise in Gold. Go back a century and you’ll see that the US Dollar has lost 96% or 25x its value. Since Gold has risen 50x from that point, EW deems it overvalued.

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Jordan Roy-Byrne CMT, MFTA is a Chartered Market Technician and Master of Financial Technical Analysis. He is the author of the 2025 Book Gold & Silver: The Greatest Bull Market Has Begun. He is also the editor and publisher of TheDailyGold and TheDailyGold Premium, a newsletter which emphasizes market timing and stock selection for precious metals investors. Read more →

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