And despite all the skepticism:
Gold is on the verge of outperforming the S&P 500 over the past decade.
⁰This likely represents the early stages of a structural shift in which hard assets outperform overvalued financial assets over the long term, in my view. pic.twitter.com/gczeVmRvod— Otavio (Tavi) Costa (@TaviCosta) April 4, 2025
After a long consolidation on its support active since 1965, the Gold-to-S&P500 ratio broke above its 7-year moving average.
The last times it happened, it got multiplied in the following years by:
– 4 (period: 2002-2011)
– 16 (period: 1971-1980)$GDX $GDXJ $PHYS $VOO $QQQ pic.twitter.com/a4lA34UUpQ— Value Seeker (@ValueSeeker_) April 2, 2025
Why Mainstream Media Hates Gold and Loves Bitcoin
Gold is at an all-time high, yet financial media is calling it a "crowded trade." Meanwhile, when Bitcoin was skyrocketing to $110,000, nobody raised the same concerns. Why is there such a double standard? #Gold #Bitcoin… pic.twitter.com/IVhzDK8zXo
— Peter Schiff (@PeterSchiff) April 4, 2025