For all the thousands of hours reading, analyzing, talking and hand-wringing, buying and holding gold has been a better investment in the 21st century than stocks.
The comparison is not even close:
Gold prices are up 10X century-to-date, about twice the total return of the S&P 500 (Source: Sherwood)
Of course, gold started the century undervalued. Great Britain sold off its gold holdings in 1999, sending the metal down $253 per ounce.
Today, in a world of increasingly volatile markets, the rise of too-big-to-fail institutions, and over 26 years of money printing, gold’s rise, priced in U.S. dollars, is just getting started.
As we’ve been forecasting, gold could rise significantly from here, simply to match changes in the money supply over the decades.
With the U.S. dollar going digital, entering a new regulatory phase, gold’s case looks better than ever.
~ Addison
P.S. Our latest research with Ian King regarding Dollar 2.0, which we filmed last Tuesday, will be released on October 16 in a special edition of Grey Swan Live!
Our work details the next leg of stablecoin development and which three companies we expect will dominate the new regulatory environment for the monetary system as digital assets go mainstream. Keep your eyes peeled this Thursday.
If you have any questions for us about the market, send them our way now to: feedback@greyswanfraternity.
