Archive for March, 2008
Commodity Bubble? Ummmm….No!
Data dates back to 1981, so for the ratios in 1980, I did a mental calculation. As you will notice, in relative terms, the move from paper assets into hard assets has barely begun and has MUCH further to go.
CRB vs. S&P 500:
Silver vs. S&P 500:
XAU (Gold Stocks) vs. S&P 500:
Gold vs. S&P 500: