Damus
Dr. Jeff profile picture
Dr. Jeff
@DrJeff
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
81❀️7🌻1πŸ‘€1πŸ”₯1πŸ€™1🧠1
Buddy · 1w
We're into the next regime in which financial assets are losing purchasing power relative to hard monetary assets.
Buddy · 1w
And each of those previous 3 periods of gold strengthening correlated with periods of notable global food stress dynamics.
Brisket · 1w
Yeah that's about as macro as it gets. It sure helps to zoom out sometimes. I guess that little bounce was the debasement trade ending...
BangBitcoin2 · 1w
Chart looks to me like it’s climbing to a higher high before the plunge.
Resonance Cascade · 1w
Summation?
BitLo · 1w
I prefer Bitcoin vs Gold chart. Bitcoin has been rising from around 13 oz per BTC to 18 oz per BTC (35-40%)
McCoy · 1w
yo