Axel Merk On Gold In Presidential Transition Years

AMALGAM11AMALGAM11 Posts: 202 Bronze ✭✭✭
http://www.zerohedge.com/news/2017-01-13/axel-merk-gold-presidential-transition-years

Looking at the data, gold achieved above average returns during those calendar years, +14.8% in Presidential transition years vs an overall average of +8.4%. Perhaps equally important is that those have been years when the S&P 500 greatly underperformed its average over that same time period, -0.9% in Presidential transition years vs an overall average of +9.0%.

The S&P 500 on average was negative for those seven calendar years of Presidential transition. The average return in Presidential transition years is +14.8% for gold and -0.9% for the S&P 500.
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