/biz/ - Business & Finance

>>21628605
Again. I repeat myself
>>21628566
All value has been sapped out of SPY. It is literally just an inflation adjusted 0 asset.

>>20698244
SPY just tracks inflation, made worse by how top heavy it is. Corporate profits have been almost frozen since 2018 and now they are worse. Asset classes shift in relative value all the time in response to printing. Ignore just gold, all commodities are going to experience one hell of a golden bull run.
Stocks help with inflation to a point but flat out record breaking fiscal and monetary printing need help. Gold, silver, copper, nickel, bushels of corn, whatever. Gold punctured the 1900 meme line without much of any fanfare.
>Support and resistance is stronger over longer periods of time.
This is some truly dank memes.