3-1-20
Updated Monthly

Secular Market Top - Since January 2000

+121.0% Dow       

+215.3% Transports 

+196.4% Utilities

+101.1%  S&P 500

+110.5%  Nasdaq

+74.2%  30yr Treasury Bond

+441.0% Gold

  +74.8% Oil
  +63.3% Swiss Franc's

    

From High to Low - Since Year 2000

+441.0% Gold

+215.3% Transports 

+196.4% Utilities 

+121.0% Dow
+110.5% Nasdaq
+101.1% S&P 500
+  74.8% Oil 

+  74.2% 30yr Treasury Bonds

+  63.3% Swiss Franc's

December 1999 Shiller PE10 was 44.19               
August 2000 S&P 500 dividend yield was 1.11%  

Shiller PE10 3-2-20 is 29.34
S&P 500 dividend yield 3-2-20 is 1.88%
[Shiller PE10 & dividend yield is reported using data from the beginning of the month when I update.  It may or may not exactly be the first trading day of the month.]

DYI:  Gold since the year 2000 has blown past stocks or bonds on a NON total return basis hands down.  The nearest competitor the Dow Jones Transports at 215.3% as compared to gold at 441.0% or 105% greater!  Comparing the S&P 500 – AFTER inflation [CPI] – on a total return basis (dividends reinvested) since the year 2000 is a scant 179%. 

DYI is not a gold or silver bug site; the year 2000 the Shiller PE was trading at an astronomical 44 times earnings!  Precious metals and their mining companies were on the give-away-table from 1998 to the year 2002.  This allowed an investor 5 full years to systematically sell off stocks and load up precious metals and their mining companies.

How did I know it was time to sell off stocks in mass and buy precious metals?  The Dow/Gold Ratio was screaming massive over valuation for stocks and incredibly low valuation for precious metals.  Simple!

As of 3/3/20

Dow/Gold Ratio

17 to 1 

(rounded)

 DYI