If we look at Gold in a spread graph divided by the dow, we see something interesting:
Either Gold was almost never that cheap in history, or the stock market were almost never that pricy.
A good example about why price does not reflect value.
Either Gold was almost never that cheap in history, or the stock market were almost never that pricy.
A good example about why price does not reflect value.
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aaand still cheap! Despite the high price. Price != Value.