And we thought good ol George W. was the best man for gold. As long as Gentle Ben keeps the printing presses going, it won't matter at all who captains the Titanic.

Regards - VHF

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Asset Class Performance Since 2008 Election

B.I.G.

November 4, 2009

Earlier we highlighted historical market performance one-year after Presidential election days. Below we provide a chart of how various asset classes have performed since the 2008 election. As shown, the US Dollar has declined 10%, while the 10-Year Treasury yield has declined 6.6% (Treasury bonds have gone higher). The Dow and S&P 500 have seen minimal gains, while oil is up 12.9%, the tech-heavy Nasdaq is up 15.3%, and gold is up the most at 43.5%.