Here’s another fascinating chart by Jake over at EconomPicData in which the reversal of fortunes (well, at least, relatively speaking) for various asset classes is plotted in a scatter chart, a graphic format that, in my view, is underused by those wielding spreadsheets.

Of course, upper right being best and lower left being worst, it’s clear to see which assets have been the most consistent performers. But, interestingly, going back to the start of 2011 and using the iShares Barclays 20+ Year Treasury ETF (TLT), Long Treasuries are still outperforming spot gold, the former up 29.3 percent and the latter 25.1 percent higher.