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Gold at $4,500.. Are we still at the beginning of the party?
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When gold breaks the $4,500 per ounce barrier and you see it achieving a return exceeding 119% in just two years, you might initially think that "the train has left the station."
The numbers indicate that gold has outperformed everyone:
Cash?
A modest return (+9.7%).
Government bonds?
A painful loss (-4.0%).
Even stocks (S&P 500), which everyone loves,
came behind gold (+45%).
But the chart in front of me whispers a completely different truth.. a truth that might change your outlook on the future.
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1. The "Peak" illusion
Despi
-
When gold breaks the $4,500 per ounce barrier and you see it achieving a return exceeding 119% in just two years, you might initially think that "the train has left the station."
The numbers indicate that gold has outperformed everyone:
Cash?
A modest return (+9.7%).
Government bonds?
A painful loss (-4.0%).
Even stocks (S&P 500), which everyone loves,
came behind gold (+45%).
But the chart in front of me whispers a completely different truth.. a truth that might change your outlook on the future.
-
1. The "Peak" illusion
Despi