DrJeff on Nostr: Shout-out to the S&P 500 which, since 1959(!), is up a total of 37% relative to #gold ...
Shout-out to the S&P 500 which, since 1959(!), is up a total of 37% relative to #gold and up 41% relative to the US M2 monetary supply.
Said another way, the appreciation of gold, US stocks, and the US M2 monetary supply are all about the same over long periods of time.
Nominal gains are an illusion... 👀
To increase your purchasing power over time, you need to outpace the ever-increasing M2 monetary supply.
You do you, but I recommend #bitcoin.
Published at
2025-01-11 22:27:51Event JSON
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"content": "Shout-out to the S\u0026P 500 which, since 1959(!), is up a total of 37% relative to #gold and up 41% relative to the US M2 monetary supply.\n\nSaid another way, the appreciation of gold, US stocks, and the US M2 monetary supply are all about the same over long periods of time.\n\nNominal gains are an illusion... 👀 \n\nTo increase your purchasing power over time, you need to outpace the ever-increasing M2 monetary supply.\n\nYou do you, but I recommend #bitcoin.\n\nhttps://m.primal.net/NcZn.png ",
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