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Money Supply Ratios

Jul 08 2020

How Much For Your “Free Lunch?”

  • Jul 8, 2020

The 41% S&P 500 rally would be half as large if measured in terms of gold, and a “unit” of the S&P 500 now buys 70% fewer ounces of gold than it did in early 2000. Meanwhile, when denominated in either silver or Bitcoin, the stock market rally has been almost nonexistent.