/biz/ - Business & Finance

Anonymous Sun Dec 27 05:07:14 2020 No.25205200 [View]
File: 93 KB, 1168x470, 17-57-24-024.png [View same] [iqdb] [saucenao] [google]

>>25199706
Gold is not speculative asset. Gold doesn't get more valuable when fiat hasn't collapsed. It's just that the US dollar is becoming worthless. Gold itself doesn't get more valuable.

Pic related is M2 to gold ratio. It goes sideways for the past 5 years, which means that despite the spike in M2 this year, gold doesn't really increase in price when adjusted for M2. It's just that the dollar is devalued.

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/biz/ - Business & Finance

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