Stocks have moved back to their valuation compared to gold when the goldstandard was lifted. 50 years for nothing? By the way, Bitcoin has no insolvency risk, for all those still standing on the sidelines in disbelief!
116 sats \ 6 replies \ @Enemy_of_the_state 25 Aug
This doesn’t include reinvested dividends…would be interested to see that chart as well.
reply
31 sats \ 2 replies \ @Enemy_of_the_state 25 Aug
On the other hand, gold has not kept up with inflation, so it may be an essentially 0% real return, since gold has lost real value over time
reply
0 sats \ 1 reply \ @Bell_curve 25 Aug
gold has not kept up with inflation?
Didn't gold reach a new all time high in price, dollars per troy ounce?
reply
46 sats \ 0 replies \ @Enemy_of_the_state 25 Aug
Gold has only done about 6.5%, while inflation has been 10%
reply
26 sats \ 1 reply \ @TomK OP 25 Aug
Right. Aggregated 2.5% over 5 decades...
reply
21 sats \ 0 replies \ @jeff 25 Aug
It wasn't always 2.5%
reply
0 sats \ 0 replies \ @Bell_curve 25 Aug
still a crazy finding
reply
229 sats \ 1 reply \ @mdominicorobin24 26 Aug
Stocks use to be about gathering information about corporations. Now stocks is just about graphs and hit and miss "technical analysis". The scam sorrounding the whole industry of stock market is the source of let down. People today are wasting their efforts fine tuning Pine Tree with AI and all. Bitcoin is the only Asset you need.
reply
166 sats \ 0 replies \ @TomK OP 26 Aug
above all, I believe that passive investment in the form of ETFs has destroyed any form of signaling effect on the stock markets.
reply
73 sats \ 0 replies \ @leonidastouch 26 Aug
Only Bitcoin’s price will be the true indicator of the state of the Centralized System. At 64,000 USD per Bitcoin just ask yourself why is Bitcoin priced like that? It is because we are at the abyss of the money printing ocean.
reply
68 sats \ 0 replies \ @BitcoinIsTheFuture 26 Aug
Everything has a cycle, but what’s next? Bitcoin has something to say, I’ll say that!
reply
68 sats \ 1 reply \ @Satoshi__Nakamoto 26 Aug
In 2000 is pretty high
reply
21 sats \ 0 replies \ @TomK OP 26 Aug
Was a nice bubble while they were pumping
reply
70 sats \ 0 replies \ @IamSINGLE 26 Aug
It's only benifiting those who remained shifting.
Bitcoin knows no shift.
reply
47 sats \ 0 replies \ @Bell_curve 25 Aug
big boom during the 1990s until the bubble burst in 2000
Gold outperformed stocks during the 1970s and 80s.
Another bubble burst in 2008 and 2009.
reply
47 sats \ 0 replies \ @Solomonsatoshi 26 Aug
Wow and they dipped down to as low as 25% of gold around 2011-2012
reply
62 sats \ 2 replies \ @jddska 25 Aug
Get your money for nothing
And your chicks for free
reply
21 sats \ 1 reply \ @Bell_curve 25 Aug
Dire Straits?
reply
21 sats \ 0 replies \ @jddska 25 Aug
yes, it came to my mind...it's all very sad. The stock market is a big bordel. Bitcoin fixes this, but still we are a small group of lunatics resisting the tirany while normies reject all the freedom we offer at the cost of often not having a normal life.
reply
21 sats \ 0 replies \ @BlokchainB 25 Aug
Crazy
reply
21 sats \ 3 replies \ @ken 25 Aug
Why run a business when you can put a shiny rock in a safe instead?
reply
68 sats \ 0 replies \ @mdominicorobin24 26 Aug
The answer is simple. They are saying all day long the words "My Precious". That is their business.
reply
68 sats \ 0 replies \ @Enemy_of_the_state 26 Aug
Because the business gives you the ability to borrow (rent newly printed money) against future earnings. Borrow at rates below the rate of inflation, and buy assets that depreciate more slowly than the money (property, jets, etc.) and repay the loan with more borrowed money with those assets as collateral. Rinse and repeat for your own cantillon money printer.
Saylor just figured out the omega chad move of borrowing unlimited dogshit to buy bitcoin. THATS why you should run a business in fiat world - to borrow fiat.
reply
0 sats \ 0 replies \ @Bell_curve 25 Aug
Good question, I don't have a good answer!
reply
47 sats \ 0 replies \ @Octopus 26 Aug outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.