Inflation adjusted gold
TVC:GOLD*FRED:CPIAUCSL*0.01
Taking the average breakout run up duration takes us basically into the 2024 election with an average gain of +500%. Gold obviously ought to increase tremendously in value over the course of the Biden/Harris administration. This situation unfortunately rests a lot on the politics and policies within next few years and the effects on the USD. Right now this chart is indicating that capital is looking to protect its value by shifting away from fiat into almost anything that may retain value over time.
TVC:GOLD*FRED:CPIAUCSL*0.01
Taking the average breakout run up duration takes us basically into the 2024 election with an average gain of +500%. Gold obviously ought to increase tremendously in value over the course of the Biden/Harris administration. This situation unfortunately rests a lot on the politics and policies within next few years and the effects on the USD. Right now this chart is indicating that capital is looking to protect its value by shifting away from fiat into almost anything that may retain value over time.