61 oz of silver to over 1200 oz of silver
Yes... you read that right...
I was genuinely unsure about whether or not to bring this information to more people's attention, many people are unaware of the power of this very simple model and mindset switch.
Simply put, if you price everything in dollars, you will end up with more or less dollars...simple
The issue with this approach is that you are going to have a hard time finding true VALUE in an asset that is priced in a highly inflationary numeraire (benchmark).
What happens if you price assets in other assets...in other words...what happens if you price assets in how much stuff a given asset can buy of another asset?
Well, you can get a clear indicator of what asset is...or is not in favour at any given point in time.
Upon this realisation I began experimenting and stumbled upon this little beauty you see above.
Pricing crypto... not in fiat... but in the ultimate numeraire... Precious Metals.
From the outline above you can see how powerful this strategy's potential is, housing, stocks, bonds and yes even crypto can be priced in Precious Metals to give you a true understanding of where these assets value really is...
I was hesitant to share this idea with the community, but i am a strong believer in creating a community of educated traders and investors...not gamblers.
If, like me, you wish to understand VALUE and not just chase momentum on the next big thing, feel free to follow and let's go on a journey together.