"Today's chart illustrates that investing in the S&P 500 during the six months of November through and including April accounted for the vast majority of S&P 500 gains since 1950. While the May through October period has seen mild gains during major bull markets (i.e. 1950-56 & 1982-97), the overall subpar performance during the months of May through October is noteworthy. Hence the saying, 'sell in May and walk away'..."
"Adjusted for the 1980 inflation measure, the gold price is approaching its bear market low of 2001."In fact," he goes on, "gold is now below the 1975 price when it became legal to own it again! These data clearly show that when measured against a more realistic view of inflation, gold is dramatically undervalued."