The Latest on Stocks Vs. Gold
Sat Jul 5, 2008 1:18pm CDT
• Daily Wealth
By Brian Hunt
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For the past several years, we’ve filled these pages with commentary on how “real stuff” like oil, grain, and gold are in an era of outperformance vs. conventional stocks… especially stocks in the landfill stuffing business.
We’ve run a ton of charts showing this theory at work. The S&P 500 vs. gold is the centerpiece chart of our theory. The S&P is the world’s most widely followed gauge of stocks. Gold is timeless, real wealth.
As you can see from this week’s chart, stocks are still in a long downtrend when measured in gold. This trend won’t reverse itself anytime soon.
Briant Hunt
Source: The Latest on Stocks Vs. Gold
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Tags: Brian Hunt, Gold PricesAbout the Author
Brian Hunt is managing editor of Daily Wealth.
The DailyWealth mission is to show you how to avoid risky investment, and how to avoid what the average investor is doing. We believe that you can make a lot of money and do it safely by simply doing the opposite of what is most popular.