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5/1/15

Chart of the day is...

...Newmont (NEM) versus Apple (AAPL), Feibu (FB), Vampire Squid (GS) and the S&P500 index:


Now I know I'm leaving myself open to the accusation of cherrypicking, that's not the point. The point is that I know which stocks get talked about a lot and I know which sector is derided by a moron end of the financial world as not even worth a look. And I know how freakin' stupid the average financial advisor is (they do too but they won't tell you, their biggest nightmare is being found out).

As a matter of fact, NEM shows that a well-run miner more than holds its own against a fashionable splashy well-run tech or two and a well run financial. Show this one to the jock financial advisor who steers you away from the mining sector "because of gold".