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Strategies & Market Trends : Booms, Busts, and Recoveries

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From: Haim R. Branisteanu12/31/2009 12:35:47 PM
3 Recommendations  Read Replies (3) of 74559
 
Hello TJ, Happy New Year

As Dec 31 for some reason is a day we compare performance of various asset classes I wonder how GOLD performed for the last year if compared to ;(please fill in the blanks all others invited)
One Year % gains in;
GOLD –
Shanghai SE A–
RTS - Moscow
NASDAQ
KOSPI - Seoul
ASX – Sidney
Bombay Index - Mumbay
Bovespa Brazil
JCI Lakarta
TA-100 Tel Aviv

My point – do not get blindsided by only one asset class – even if it is very shiny <GGG>

Governments around the world relay on the stock markets to lift the electorate spirits and cover their pension funds failed performance - therefore as they once said - DO NOT FIGHT THE FED - is also true in this case – DO NOT FIGHT THE WORLD GOVERNMENTS.

Yes gold may outperform in the future but we will be also ALL DEAD in the future

enjoy the the New year
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