The NASDAQ reaches former bubble peak; this chart illustrates the overall trend of the Nasdaq Composite since 2000. The post-financial crisis rally (which began in early 2009) has been significant enough to have the NASDAQ surge well past its credit bubble highs of late 2007.
In addition, the latest leg of the post-financial crisis rally has the NASDAQ at levels not seen since the end of the dot-com bubble. Today, the NASDAQ trades within a very steep three-year uptrend and is currently less than 1% away from all-time record highs.
Be very careful with your equity investments.
All Things Considered – John’s Commentary:
What to do now: Silver is still the better buy with the gold:silver ratio at 71:1. If you don’t want to buy more, consider swapping some of your gold for silver in anticipation of a 35% profit.
For new funds, buy silver over gold. I am personally buying 1 oz. rounds, 100 oz. bars and 90% silver.
