๐ช๐ต๐ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ฎ/
Historically, or maybe culturally, people tend to regard GOLD as store of value & inflation hedge.
Fact: ๐
Data above shows gold price DOWN by -60% ever since US starts massive money printing aka QE, following the 2009 sub-prime crisis.
Meaning over the past decade or so, in contrary to SoV, hedging fiat to GOLD actually resulted in a 60% loss of monetary value. ๐ฅฒโ๏ธใฝ๏ธ
Tbh, Iโm not sure why is it so. It is just so, factually. Maybe, is a new age, new SoV thingy? ๐๐คฉ
#Macros
#InflationHedge
#StoreofValue
#MyTradingSpace
Historically, or maybe culturally, people tend to regard GOLD as store of value & inflation hedge.
Fact: ๐
Data above shows gold price DOWN by -60% ever since US starts massive money printing aka QE, following the 2009 sub-prime crisis.
Meaning over the past decade or so, in contrary to SoV, hedging fiat to GOLD actually resulted in a 60% loss of monetary value. ๐ฅฒโ๏ธใฝ๏ธ
Tbh, Iโm not sure why is it so. It is just so, factually. Maybe, is a new age, new SoV thingy? ๐๐คฉ
#Macros
#InflationHedge
#StoreofValue
#MyTradingSpace