Our Swiss watch, purchased a year and two months ago at $50 (SFr 50) is now worth $65.78100. It was $64.47 last week as the dollar continues to crash.
Gold is up to $1,648, while oil is down at $86.88 a barrel. Last week, those commodities were priced at $1,629 per ounce(a new high at the time), while oil closed at $95.86.
The loss on our Model Portfolio nearly doubled from last week’s negative $353 for the week to a weekly decline of $687. Our original “investment” of about $5,383 is now worth $4,697.
See you all tomorrow with more exciting investing news and opinions.