This is what you risked your life savings for? One measly percent in 12 months?
The SPY is lower than it was one year ago. All anyone seems to acknowledge is that the S&P is lower than it was six months ago.
Total return in NYSE stocks
Just a 20 year SPY chart
JPM Call Explained
An Out Of The Money Call on JPM
Why is gold going so crazy?
What is making gold go so crazy? I don't actually know.
If you look at the whole time period, stocks look pretty good.
How do you spot a top in gold? Simple. When gold costs more than platinum, it goes down.
Gold began to fall in price as soon as it's price per ounce exceeded platinum's.
In just the last 15 years, investors have seen the market take two harrowing plunges. For better or worse, traders live in fear of a third.
There's a BS chart going around today likening today to the eve of the 1987 crash. I point out that if that is true, we have the biggest rise in value in history to look forward to over the next 10 years.