As the US dollar tumbles, gold, commodities, crypto, stocks soar

[bucolic_frolic]

There has been no significant downward move in AI or Tech in awhile. Gold goes up $100 a day. There's a plethora of leveraged ETFs on individual AI and Tech companies. I suspect this also drives the mania. Dow is at about 46,500. Next stop the big number. 50,000. That might create some resistance.

[gab13by13]

1. My 39th post, detailing Krasnov's economic plan

Crash the dollar and boost Crypto.

[Ocelot II]

2. Think I'll head out to the garden center and buy all the tulip bulbs.

For old times' sake.

[IcyPeas]

5. I read a novel about tulip mania years ago. Crazy!

[Bernardo de La Paz]

3. The Dow is bogus, ancient tech. Use SP500. Wall Street uses SP500. The media use Dow bc their viewers don't know better

DU knows better.

Dow is only 30 stocks and they are price-weighted since 1894 for the convenience of adding machine operators. This is now 2025 and we have computers for such stuff.

Verizon is 40.58, Goldman Sachs is 759.54. If Goldman Sachs moves 1.00 % (7.60), then Verizon has to move 7.60 to have the same effect. That would be 18.72 %, a much bigger percentage.

So the high priced stocks have much more effect on the Dow than the low priced stocks, as much as over 18 times the effect. Ditch the Dow.

[progree]

4. I think of using 30 price-weighted blue-chip stocks as a gauge of the stock market as intellectually equivalent

to using 30 price-weighted blue-chip products and services as a gauge of inflation. Makes no sense.