The SWI (Swiss Watch Index) now stands at an astounding $58.23. MPI (Model Portfolio Index) is not keeping up with the decline in the dollar. You see two weeks ago the SWI stood at $56.03, up from the original $50 price of the watch. Last week it was $56.96.
Based on this, you could almost say the dollar is crashing. But that can’t be true, because almost all the analysts and bloggers aren’t worried at all. Maybe they haven’t noticed. Mish thinks it’s “silly” to worry about hyperinflation and has many artful arguments to show why he thinks that. What do you think?
The MPI did not beat the DOW today, but did increase somewhat. It was down 4.91% last week, now is down just 4.8%, but, we’re in for the long haul, right? BTW, total annual dividends for this portfolio sume to $120.48, so expected dividends don’t even cover the loss, so far. Isn’t this fun?