If supply was the only thing that mattered for a money Gold would be dominant right now Why isn't it?https://twitter.com/MustStopMurad/status/1030101419473469440 …
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Here's what $100 looks like parked in gold (white) vs a bond fund (green). Illustrates 1) why mainstream financiers aren't that into gold as a SoV and 2) why a slow, steady decay in purchasing power of the dollar doesn't concern people managing capital.pic.twitter.com/Qs2TAOfrVS
Oh just realized I forgot to account for roll yield / storage cost on the gold. Over 40 years that probably divides the $556.70 by 3!
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