Tuesday, January 3, 2023

Gold continues to burn brightly as the top performer since the valuation top of December 1999 Shiller PE10 was 44.19  and  August 2000 S&P 500 dividend yield was 1.11%.  Amazingly stock valuations have not improved except during the brief 2009 downturn when the Federal Reserve went into money printing overdrive moving valuation back to the stratosphere! Bond yields have improved with short term bills and notes benefiting your basic saver - [yields remain way below inflation unfortunately].

So hold onto your hats along with your cash and gold/silver better valuations will arrive we just don't know when.            


From High to Low - Since Year 2000

+ 530.6% Gold
+ 349.8% Transports
213.5% Oil
241.4% Utilities
188.3% Dow
157.2% Nasdaq
161.3S&P 500
+   71.8% Swiss Franc's
+   38.7% 30yr Treasury Bonds

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

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