The S&P 500 vs Gold, since 1887.
Currently at 1.74 and falling.
This combination was last seen in 1Q 2008 and late 1972 to early 1973.
It still remains well-above the 1929 stock market peak.
$SPY $VOO #Gold #Bitcoin
DrJeff on Nostr: An update on the Most Important Macro Chart in the World: The S&P 500 vs Gold, since ...
An update on the Most Important Macro Chart in the World:
The S&P 500 vs Gold, since 1887.
Currently at 1.74 and falling.
This combination was last seen in 1Q 2008 and late 1972 to early 1973.
It still remains well-above the 1929 stock market peak.
$SPY $VOO #Gold #Bitcoin
The S&P 500 vs Gold, since 1887.
Currently at 1.74 and falling.
This combination was last seen in 1Q 2008 and late 1972 to early 1973.
It still remains well-above the 1929 stock market peak.
$SPY $VOO #Gold #Bitcoin