Au vs. SPX

Isn't it funny that some people talk about gold being in a bubble, being a high volatility asset... with the premier equities of the venerable S&P 500 being a relatively sound and stable investment?

When I was much younger, I took a mechanical psychological test based on a selection of my favorite colors.  The results were "you appreciate beauty in your surroundings... you are a visual learner" and probably some other stuff about being sensitive or whatever. 

Point is, the damned machine was right about the visual learning thing.  I see things in pictures, not in facts and figures.  This picture is a thing of beauty to me and it refutes all the b/s that has been propelled at timid, would-be gold bugs over the last decade.  Just look at the consistency of the golden barometer as compared to major US stocks.  Yikes.

As noted in NFTRH156, regardless of the short term ups and downs "gold is just fine".  Now that the people who got frightened into the barbarous relic have been frightened back out again.  Good job Mr. Market!  Keep the noise turned up.

http://www.biiwii.blogspot.com
http://www.biiwii.com