No Gold is not a bet as you suggest. That is something else altogether. Gold is a long term store of value. During periods of time, short/medium it may be overvalued or undervalued and so people such as yourself will cherry pick moments to fit your simplistic thinking, its called normalcy bias.
If we take you suggestion you just posted I could argue that in the next few years the stock market may well fall a large percentage and gold will gain a large percentage in US dollar terms. On that basis on your time frame gold will then over the long term have outperformed your suggested cross reference.
Its just a matter of time.
Do you understand ?
JFI
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