3 ms·
If you look at the ratio s&p 500 vs gold we are still down a fair amount.
by mrfusion 6y ago
If you look at the ratio s&p 500 vs gold we are still down a fair amount.
- AnimalMuppet 6y agoPerhaps. But why should we consider that a reasonable measure?
- mrfusion 6y agoI guess If you want to use the price of gold as a proxy for the increase in the money supply.
- AnimalMuppet 6y agoBut it isn't. The price of gold is a proxy for the fear of the value of money, which is only loosely related to the increase in the money supply.