Comment: For 3rd Year In A Row, Gold Outperforming Stocks

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For 3rd Year In A Row, Gold Outperforming Stocks

For Third Year In A Row, Gold Outperforming Stocks
11-8-12

Year-to-Date, the S&P 500 has just dropped back below Gold...Gold's performance year-to-date just surpassed that of the S&P 500 once again. If this remains the case into year-end, this will be the third year in a row that Gold has outperformed stocks. Looking forward, which 'asset' would you choose - Stocks with an implied volatility of 17% or Gold at 15.75% to the end of the year? Sharpe Ratio anyone? Perhaps asking your 'asset allocator' what his weighting is based on will be a worthwhile conversation - with the outperforming returns (past is not a predictor of the future - and noone knows) but lower forward risk expectations?

YTD performance across asset classes...(See charts at link.)
http://www.zerohedge.com/news/2012-11-08/third-year-row-gold...