The “new bull market” – the rally goes bye bye in real terms
Both stocks and bonds are now losing value in real terms due
to the dollar decline. US treasury bonds lost value all year relative
to gold, US stocks started to decline in real terms in August
after a 5-month rally.

SP 500 in gold Oz

30 year Treasury bond in gold
No comments yet.
Leave a comment
You must be logged in to post a comment.