TradingView
konhow
Feb 13, 2023 9:43 AM

Gold is still an inflation hedge asset Long

Dow Jones Industrial Average IndexDJ

Description

A comparison between 3 periods:

Last 50 yrs Dow +5793%, Gold +5,828%.
Last 20 yrs Dow +413%, Gold +717%
Last 3 yrs Dow range, Gold up

With inflation still in play and likely a recession this year, between gold and equities, who will continue to have more upside potential?

CME Micro Gold Futures
Minimum fluctuation
0.1 = $1
1 = $10
10 = $100
100 = $1,000

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Comments
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vitsha
What is the main reason that Gold started to fall in 2011 year? Emergence of cryptocurrencies?
konhow
@vitsha, It is the strengthening of USD. Lookout for my coming video tutorial this week. My topic: Gold as a currency hedge asset.
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