[flave]

Right. So 2000 was an all-time-high for US equities and a 20y-time-low for Gold. You can get whatever number you want if you do it that way!

Not to mention that the index doesn’t account for dividends and your pet rock doesn’t pay you any rent for living in your house!

Sure - buy gold (actually buy silver rn). I have and will. But don’t kid yourself. It’s useful either as ballast or it’s a “bigger sucker” trade.

[klustregrif]

> and your pet rock doesn’t pay you any rent for living in your house!

Neither does dollars. The argument isn’t that gold is better than stocks. The argument is that the stockmarket looks like it’s doing ok but only when denominated in dollars and only because the real value of dollars is plummeting.

Now I’m not saying that I support the argument, but that’s what people put forwards from the “denominate everything in gold instead of fiat” crowd.

[flave]

Dollar do pay rent (just buy T bonds) and the comparison here is not with dollars - it’s with the MSCI which pays dividends.