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SEPTEMBER 29, 2017

                 


The last 2x commodities were this undervalued, the USD was significantly devalued v gold (early '30s, early 70s).

That noise you hear is the gold bugs banging their heads against the wall. 

Gold is due for a mean reversion. After underperforming the stock 
market for five years,  gold and other commodities are arguably undervalued compared with the stock market. 
“In relation to the S&P 500, the GSCI commodity index is currently trading at the lowest level in 50 years,”

“Regardless of which version of the S&P 500 price-to-earnings 

ratio (P/E ratio) you look at – generally accepted accounting 
principles (GAAP) earnings, operating earnings, median P/E or Shiller 
P/E – stocks are expensive on an absolute basis,” says Rob Breed, 
senior vice president and portfolio manager at F.L.Putnam Investment Management Company in Portland, Maine. “These P/E ratios now stand at 23.7, 21.7, 23.6 and 29.6 versus their long-term medians of 16.3, 
14.8, 17 and 16 respectively. Any shock to today’s confidence – some might call it complacency – could lead to a significant decline.”

In terms of its historical ratio to gross domestic product, or GDP.  

The ratio is closer to the historical high of 148% last seen during 
the 2000 tech bubble than in a fairly valued range at 75% to 90%, considering the stock market capitalization-to-GDP ratio printed at 
133% as of Tuesday, according to Guru Focus,

Total Stock Market Capitalization-to-Gross Domestic Product Ratio

100 Years of Commodity Valuation - Stock                Market In A Bubble?

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9 maj 2017

What is Pepe the frog & Why are the people using him? The Reason Behind Pepe, Memes, Satire Being Used To Fight The Globalists

 10 maj 2017 

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The Online cartoon character Pepe the Frog appears to have been killed off by its creator in a bid to stop his image being hijacked by far-right groups. The question that we must now ask ourself is: Will this stop the memes? Is Pepe dead? 

                  

  
                        

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