Price of gold and values of stocks.
The price of gold in now over $3100 reflecting the value of the dollar is roughly down 30% in the last three years mean 30% less buying power (check the price of a loaf of bread and eggs). Yet analysts say stock are overvalued why? With the buying power of the dollar down and most stocks(companies)are making record earnings charging record prices and real estate prices are through the roof why is the market still considered overpriced?
Terry Says
It is less overpriced than 5 days ago when you posted this question! And now you know why the market was considered “overvalued”.
