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Is there some sort of commodities index that measures relative volatility of key natural and artificial commodities (eg: price of oil expressed in gold + price of steel expressed in oil + price of GPUs expressed in steel + price of electricity expressed in GPUs etc)
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Feels like a good way to separate prospects based on real things vs vaporware expectations. During the riso of hold prices after Bretton woods collapse, apparently oil priced in gold stayed stable even as gold went from $35 - $500 between 1968-80 or so.
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Feels like commodity monies can be usefully tracked among themselves as a sort of measure of significance of volatility in the fiat denominated larger economy.
I’m the opposite of a god/crypto bug whatever you want to call that (fiatbug?) but the commodity-bugs have a point that should be accommodated within how fiat-bugs think about value.
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