Here’s a new metric we like: Novartis dividends. NVS is based in Basel CH and pays dividends once a year. This year they will pay SFr 2.25 per share, or $2.45. Let’s see what happens to the US value as the countdown to payment day begins.
Meanwhile, gold and silver are relatively stable these days. Gold closed at $1722 this week, and silver closed at $33.59.
The MPI, like the rest of the market, was down this week, but still up an amazing 10+% in the first six weeks of 2012.