Gold began outperforming equities in September 2010. TIME for a bottom is not due for months. This trend will become more obvious through hindsight analysis.
1929-1944 & 2000-Present Comparison: S&P 500 to Gold ($/oz) Ratio:
Monday, February 21, 2011
Gold Will Continue to Outperform Equities
The recent up tick in the stock to gold ratio has some suggesting that a secular shift away from safe haven (gold) to risk (equities) has begun. This interpretation is wrong. A secular shift from safe to risk will happen only when TIME is right.
Gold began outperforming equities in September 2010. TIME for a bottom is not due for months. This trend will become more obvious through hindsight analysis.
1929-1944 & 2000-Present Comparison: S&P 500 to Gold ($/oz) Ratio:
Gold began outperforming equities in September 2010. TIME for a bottom is not due for months. This trend will become more obvious through hindsight analysis.
1929-1944 & 2000-Present Comparison: S&P 500 to Gold ($/oz) Ratio:
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