Just a quick report – the next to last of the year. Our Swatch Swiss watch is now at $53.37. The dollar’s decline has stabilized… for now. Gold: $1607. Silver: $29.13. Crude oil: $99.86. Inflation, anyone?
Watch out. When everyone stops expecting it inflation will come roaring in.
The Model Portfolio shows the effects of the well-known phenomenom – the Santa Clause effect: