This is really only true if you were lucky enough to buy gold in early 1971. Even a couple years later, market indexes would have been a significantly better be

This is really only true if you were lucky enough to buy gold in early 1971. Even a couple years later, market indexes would have been a significantly better bet. [0] The more interesting observation in my opinion, is that priced in gold, market index growth isn't nearly as impressive as dollar denominated numbers would lead you to believe. Priced in gold (excluding dividends) the S&P 500 still hasn't recovered from the dotcom bubble, it's just barely made it back to pre global financial crisis levels, and even that is on par with the 60s. [1] The fiat standard distorts our view of the world and tricks us into seeing growth that isn't real. It's like if the CGPM [2] cut off a sliver from the meter stick every year (before pegging to universal constants) which makes it seem like you're growing in height your entire life, even though in reality you stop growing in your 20s and even start shrinking in old age. [0] https://www.longtermtrends.net/stocks-vs-gold-comparison/ https://www.longtermtrends.net/stocks-vs-gold-comparison/ [1] https://www.macrotrends.net/1437/sp500-to-gold-ratio-chart https://www.macrotrends.net/1437/sp500-to-gold-ratio-chart [2] https://en.wikipedia.org/wiki/General_Conference_on_Weights_and_Measures https://en.wikipedia.org/wiki/General_Conference_on_Weights_...