By Brian Hunt in DailyWealth Market Notes:
Today, we perform a "real wealth" check on the stock market. It's a little disappointing...
As we mention from time to time, the seasoned investor computes his returns not in terms of dollars or euros, but in terms of "real wealth." And by real wealth, we mean gold.
Figuring gains in gold bypasses the misleading numbers you encounter because of inflation and currency dilution... It bypasses the "Boy, $50 doesn't cover what it used to" phenomenon and allows you to gauge returns by how much house, fuel, food, and vacation they'll buy you.
Read full article...
More on stocks:
Three big reasons to be worried about the rally
Bonds are saying deflation, stocks are saying inflation...
Expert money manager: These stocks are set to explode higher