How can you say "No" to this magnificent coin?

This graph should alarm you. As you can see, the USA spends a great deal more on healthcare (as a % of GDP) than the average of several other developed nations. This has a direct impact on the competitive advantage that other countries have over US manufacturers. This is a large part of the problems at GM, Chrysler and Ford. And now we have an Administration and Congress that are eager to provide "free" healthcare to 40 million Americans who currently are uninsured or under-insured. Where do you suppose the money to cover those costs will come from? And once they have access to "free" and "unlimited" healthcare, do you suppose the demand for healthcare will stay the same, or lessen? Of course not! Already in 2009, 50 cents of every dollar that the US Gov't spends will have to be borrowed. Imagine what it will be like if we go to some kind of national health insurance scheme.

Here is a new graphic that is very interesting. What we see is that after this latest drop in the Dow we are still a bit more expensive, in Gold terms, that the last 3 low points. If we say the "normal" low point is 2oz of Gold to buy the Dow (meaning if Gold is $800/oz the Dow is 1600). To rectify this we'd need to see either the Dow drop to 1800-1900 (given Gold at $900-$950/oz) or Gold to rise to $4000 (given the Dow at 8000). A more likely scenario is that both prices move and meet in the middle. So a Dow of 4000 and Gold at $2000/oz is within the realm of possibility.

Do you have any Gold?