The Great Wait Remains!

DYI:  Such lopsided returns since the secular top - [year 2000] - for traditional stock and bonds as compared to gold.  Eventually this will play itself out with a monster size crash for stocks and bonds thus providing for superior future returns as compared to precious metals.  Until that day arrives continue to hold gold/silver and cash waiting for those superior future returns to arrive.  Unfortunately due to reckless insane Fed policies ram rodding the stock and bond market higher we are forced as long term value driven investors having to wait for superior returns.  The Great Wait Remains.  

4-1-21
Updated Monthly

Secular Market Top - Since January 2000

+188.4% Dow       

+395.4% Transports 

+210.4% Utilities

+173.6%  S&P 500

+231.3%  Nasdaq

+ 63.9%  30yr Treasury Bond

+496.2% Gold

+140.0% Oil
  +67.4% Swiss Franc's

    

From High to Low - Since Year 2000

+ 496.2% Gold

+ 395.4% Transports

+ 231.3% Nasdaq

+ 210.4% Utilities
+ 188.4% Dow
+ 173.6% S&P 500
+ 140.0% Oil

+   67.4% Swiss Franc's

+   63.9% 30yr Treasury Bonds

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

Shiller PE10 4-1-21 is 36.16
S&P 500 dividend yield 4-1-21 is 1.45%
[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.]

Stock-earnings yield 2.77%

Bond rate 2.81%

Stock-earnings yield/bond yield = 0.99

Dividend yield/bond yield = .52  

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It is easily seen in the year 2000 the Nasdaq was horribly overvalued and gold was on the give away table, such lopsided returns 20 years later!