Daily Charts - Notice a Gold Pattern here?
1.Notice a Pattern here?
The chart shows Gold vs total returns (interest/dividends reinvested) for cash, bonds, and stocks.
Gold turned up first vs Cash.
Then it turned up vs Bonds.
And soon, also vs stocks? $Gold - main 2504(GCmain)$
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2.Too many All-Time Highs?
Nope, this is entirely normal for gold during Secular Bull markets
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3.Relative earnings performance has been driving US vs Global relative price performance (and then some)
With US equities now trading at a record premium vs global, investors would do well to keep an eye on that red line...
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4.Test of Time...
Despite the increasing pace of innovation and digital disruption, and more recently the rise of AI, turns out some of the largest companies are also the oldest.
The average age of Fortune 500 companies is around 90 years old~!
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