One Cannot Use Mono-Dimensional Reasoning While Playing A Multi-Dimensional Game

Let's just say opinions vary on this subject. As long as money continues to seek refuge from the devaluation of all paper currencies (fiat), not just the movement out of the Euro into the dollar as depicted by the media, nominal global stock market trends and their predictions are meaningless.

Investment decision making is multi-dimensional game; It is similar to chess. Those that view investing as the possibility of a 20% U.S. stock market gain in 2011, a mono-dimensional view, have already lost despite the fact that none of the pieces have been touched.

Stocks, similiar to 2003-2007, remain in a box around the globe.

Dow Jones World and Dow Jones World to Gold Ratio:


Year of USA? As I have already said, opinions vary on this subject.

Dow Jones Industrial Average (DJIA) to Gold Ratio:


Headline: Goldman's O'Neill Sees 2011 as 'Year of USA'

Improving growth, falling unemployment and a sense that the U.S. is returning to "normal" could fuel a 20 percent stock market gain and make 2011 the "Year of the USA," according to Goldman Sachseconomist Jim O'Neill.

O'Neill, the widely-followed chairman of Goldman Sachs (NYSE:GS - News) Asset Management, in a note this week made the case for the U.S. to be a bright spot in the world economy, with growth rates of 3.4 percent in 2011 and 3.8 percent in 2012.

Source: finance.yahoo.com