The Chart Stockbrokers Don’t Want You To See
“Even with the S&P 500 having shot up since the beginning of the year by over 25%, it has merely kept pace with the price of gold. And during the last 10 years, the S&P has lagged behind the official US inflation rate…while lagging VERY far behind both the euro and gold. Sine the end of 1999, the S&P 500 has delivered a total return after inflation of about MINUS 25%.”
-Marc Faber, in his November 11 piece on DailyReckoning.com entitled “When Currencies Crash”

Source: AgoraFinancial.com
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