Our Swiss watch dollar price is little changed from previous weeks, following the Swiss government’s successful effort to bring the CHF down in relation to the dollar and the Euro. Bought a year and a half ago at $50, the watch would now be $55.55 based on the currency market.
Commodities are up, with gold closing at $1681 today, silver at $32.31, petroleum at $87.29 today. The Dow was way up, as it has been for most of this week and it finally closed higher for the year, though it has been a struggle. Not all prices are up, contrary to the whines of the newly-formed Flea Party (credit: Ann Coulter, Oct. 12, 2011).
Also, Coulter had a cute tweet up today: “Apparently there is some sort of new protest going on this morning, ‘Occupy Apple Stores.'” A talk show host pointed out that people standing in line at the Apple stores in NYC outnumbered Flea Party occupiers by about 5 to 1, or more. Or would that be the Fleabaggers????
Back to serious investing info: As far as our Model Portfolio Index goes, we did well this week, even beating the Dow. Still it this follows our investment strategy – our portfolio should be more stable and less volatile than the DJIA. It closed at $4,528.70 last week, up almost $300 higher than last week.