If some unlucky person bought bitcoin right at the very top of the cycle in 2021, they're now down less than if they had bought US Treasuries at that moment instead.
That's how awful bonds have been.
Discussion
Just thinking about Alfonzo Picatillo taking about his 30% a year and his performance in the bond market while his peers are jealous of his portfolio. SMH.
Isn't that crazy? 🫠
But they are the risk free rate of return!?!
I know the guy
Can you do DCA returns comparison?
oh wow
😂😂😂😂
Wasted!
Why doesn’t the bond market pile into the metals nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a until there is more clarity on where the market is headed?
What makes you think it isn't?
I suspect the Federal Reserve off-balance-sheet holdings of US debt are massive
Yeah that was me. Haven’t sold a sat though.
Gold has returned 8.63% from 2016-01-01 until 2024-02-19. Adjusted for inflation (CPI), that's 5.19%. Still better than bonds.
S&P500 over same time period is 14.43%, adjusted for inflation that's 10.74%.
I feel better now.
And that’s excluding inflation
BUT institutions n funds are still piling on USTs
"person" never touches USTs unless using ETFs
nostr:note1enamwjrwz794t6nen20ear5zhc3ttdhc0wh0qusz2nd5zxsp6czscv8cdr