Friday, November 9, 2012
For Third Year In A Row, Gold Outperfoming Stocks
8 November 2012, by Tyler Durden (Zero Hedge)
Year-to-Date, the S&P 500 has just dropped back below Gold...Gold's performance year-to-date just surpassed that of the S&P 500 once again.
If this remains the case into year-end, this will be the third year in a row that Gold has outperformed stocks.
Looking forward, which 'asset' would you choose - Stocks with an implied volatility of 17% or Gold at 15.75% to the end of the year? Sharpe Ratio anyone?
Perhaps asking your 'asset allocator' what his weighting is based on will be a worthwhile conversation - with the outperforming returns (past is not a predictor of the future - and noone knows) but lower forward risk expectations?
Posted by JRohio at 7:21 AM