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Shout-out to the S&P 500 which, since 1959(!), is up a total of 37% relative to #gold and up 41% relative to the US M2 monetary supply.

Said another way, the appreciation of gold, US stocks, and the US M2 monetary supply are all about the same over long periods of time.

Nominal gains are an illusion... 👀

To increase your purchasing power over time, you need to outpace the ever-increasing M2 monetary supply.

You do you, but I recommend #bitcoin.

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Sippy Cup 1y ago

It would be interesting to see how well income and compensation relative to these assets has performed since 1959.

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