helped by ultra-easy-money
Specs liquidating at a furious pace in gold. US Dollar on the cover of the Economist, insider selling in stocks–all lend support to real asset undervaluation.
Who wants gold?
The Dow in dollar terms (yellow) and the Dow in gold terms.
Remember that you don’t have a good contrarian trade UNLESS this happens:
Wow, I’ve never seen that chart about who’s buying/selling U.S. equities. I’m curious how much of an impact corporate buying has had on inflating EPS.
What about foreign stocks?
Nick de Peyster
Pingback: What we are reading on 12/6/2016 - UNDERVALUED STOCKS
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.
This site uses Akismet to reduce spam. Learn how your comment data is processed.