The chart I'm talking about 
My comment:
"This chart should also be flipped and going upward as well as economic prosperity and the condition of life"
credits: @winternomics
credits: @winternomics
1$ gold in 1650 --> 90.6$ in 2018
1$ equity share in 1650 --> 9,333$ in 2018, outperforming by x1000 gold.
(w/o dividends reinvested otherwise it's more like in the $100,000 (!))
1$ equity share in 1650 --> 9,333$ in 2018, outperforming by x1000 gold.
(w/o dividends reinvested otherwise it's more like in the $100,000 (!))
Historical Equity Index source: trader535.wordpress.com/2016/07/29/a-h…
Update with total world population chart and its distribution vs extreme poverty.
Fiat money is a function, not an asset, that have something to do with the thrive of every other asset classes on the planet. Even you... let that sink in.
src: ourworldindata.org/extreme-poverty
Fiat money is a function, not an asset, that have something to do with the thrive of every other asset classes on the planet. Even you... let that sink in.
src: ourworldindata.org/extreme-poverty
If you put $1 in gold in 1802, you'd have $86.4 today!
But...
And if the 1$ was in stocks, you'd have $13,480,000. Yep that's a dozen of millions.
Goldbugism litteraly impoverish you. Get out of that cancer.
#Perspective
But...
And if the 1$ was in stocks, you'd have $13,480,000. Yep that's a dozen of millions.
Goldbugism litteraly impoverish you. Get out of that cancer.
#Perspective
