Relative value?
Is anything ever that good or ever that bad? So I am taken back to college economics and the thoughts of marginal utility and is that next dollar of debt or the next dollar of savings. I was contemplating is the marginal utility of selling the next dollar of loss of German equities to the marginal utility of buying the next dollar of gold?
Are German equities really that bad? Is gold relatively speaking, that good? Germany is cheaper than the emerging markets and that is crazy!
One Year
Three Year
Five Year
SLV and Gold have shined these past couple of years. The question is will they shine in the years to come or will they be sources of cash to buy the excessively cheap German industrial complex.
These charts do not make a compelling argument for Japanese stocks or the SPY.
Bonus chart, look at the level of price change in the past six months! Low volume, large price swings equals market manipulation by the flash traders.
Are German equities really that bad? Is gold relatively speaking, that good? Germany is cheaper than the emerging markets and that is crazy!
One Year
Three Year
Five Year
SLV and Gold have shined these past couple of years. The question is will they shine in the years to come or will they be sources of cash to buy the excessively cheap German industrial complex.
These charts do not make a compelling argument for Japanese stocks or the SPY.
Bonus chart, look at the level of price change in the past six months! Low volume, large price swings equals market manipulation by the flash traders.
Posted by Bradley Fluetsch at 11/28/2011 10:30 AM 
Categories: Asset Allocation
Tags: stock bond invest German Japan SPY Gold Silver IRA pension
Categories: Asset Allocation
Tags: stock bond invest German Japan SPY Gold Silver IRA pension
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