GOLD 0.51% $1,391.7 gold futures

gold, page-126689

  1. 3,411 Posts.
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    Hello friend. Thanks for providing the data. You should have thought about things a little more objectively....

    You have only compared the yields over the life of Bitcoin - a paltry 14 years. The S&P has been trading since 1957 (67 years) and of course Gold, as we all know has been operating for ~ 6,000 years. If you are going to make a comparison of things, you need to compare "oranges with oranges".

    You can't really give any credibility to the S&P numbers due to the level of "input" (shall we say) from the Fed.

    Nevermind, let's just get to the charts... This one includes all the years. Looks a bit distorted due to the first year of Bitcoin's "beginners luck"

    https://hotcopper.com.au/data/attachments/6173/6173510-e1f1cbeb58acca3284992782967501ae.jpg

    So, let's knock off the first year.... oh, still a bit distorted due to the "novelty" factor...

    https://hotcopper.com.au/data/attachments/6173/6173519-73748c998f28ace1ae8e21f332766001.jpg

    I'll knock off the next 2 years for the same reasons as above.... this gives a "closer" picture...

    https://hotcopper.com.au/data/attachments/6173/6173522-a5bf0e41fdc07de51d90322fe342c57e.jpg

    Let's wait to see what the comparisons look like in another 10 years eh?

    In the meantime, I am quite happy with my weight. We know what is getting "hammered"!

    Last edited by Dentie: 16/05/24
 
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