DJIA / Gold Ratio - SHORT; SELL it "forever"!!

16 Mar 2021

Well, at least for a generation - or two.

The long term Dow Jones Industrial Average:

16 Mar 2021

Catatan

... and what is still (continues to be) the best index-based, passive trade out there;

SHORT the DJIA/Nikkei225 spread.

20 Mar 2021

Catatan

DJIA comparisons with other, worldwide indexes;

20 Mar 2021

Catatan

On a Foot Note;

You know you’re in a bubble

- When funding a 36-year stream of expected inflation-adjusted spending requires over 38 years of money up-front;

- When the median price/revenue ratio of S&P 500 components exceeds 3.3;

- When every single decile of S&P 500 components is at record valuation extremes; hussmanfunds.com/wp-content/uploads/comment/mc210315n.png

- When the amount of leverage in the system (U.S. equity markets) is now easily the highest in history, by any measure, not just in absolute terms! (relative to GDP, etc. Margin Debt/GDP = Margin Debt/Market Cap x Market Cap/GDP Showing insane over-valuation across the board!)

- In a world where speculators now value the stock of bitcoin at one-fifth the value of the entire U.S. monetary base;

- Where the current SPAC mania is identical to the South Sea Bubble in as much as: "Let them see not what they do!";

- and so on...