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It's interesting to note that gold has significantly outperformed S&P500 over the last 5 years (and so has Bitcoin and many other 0-yield assets). If we were t
by cryptica 7y ago
It's interesting to note that gold has significantly outperformed S&P500 over the last 5 years (and so has Bitcoin and many other 0-yield assets).
If we were to redraw stock charts using gold as the x axis (instead of $ USD), we would realize that company stocks have in fact all been dropping for the last 5 years.
The US dollar is not so different from the Venezuelan bolivar, it's also inflating and making the stock market appear to grow... But it's not the value of the stock which is growing, it's the value of the dollar which is shrinking (and so are all other fiat currencies which are pegged to it).