Re:U.S. Stocks Rise After S&P 500’s Record Close
by mrfusion on Wednesday August 19, 2020 @02:15PM
(#24213890)
If you look at the ratio s&p 500 vs gold we are still down a fair amount.
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Re:U.S. Stocks Rise After S&P 500’s Record Close
by AnimalMuppet on Wednesday August 19, 2020 @05:41PM
(#24216982)
Perhaps. But why should we consider that a reasonable measure?
Re:U.S. Stocks Rise After S&P 500’s Record Close
by mrfusion on Wednesday August 19, 2020 @05:48PM
(#24217076)
I guess If you want to use the price of gold as a proxy for the increase in the money supply.
Re:U.S. Stocks Rise After S&P 500’s Record Close
by AnimalMuppet on Wednesday August 19, 2020 @06:58PM
(#24217844)
But it isn't. The price of gold is a proxy for the fear of the value of money, which is only loosely related to the increase in the money supply.