Quote:
Originally Posted by Gumby
I came across this chart yesterday and found it interesting. If one believes in reversion to the mean, it would seem best to avoid gold and long treasuries right now.
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I like your investments in your second post.
As to the chart, I think a standard needs to to be done for each asset - e.g. p/e ratio for the s&p - to evaluate if it is over or under its mean.
As to gold; this guy is saying it is in a bull market until 2020
http://ttheory.typepad.com/files/gol...0100917pdf.pdf
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