Think of Gold as the stable asset. And then stocks and other forex markets are just trading up and down relative to the price of Gold.
This week we discussed the fact that currencies all over the world have been losing their value, particularly relative to the price of Gold.
But this month now even the US Dollar has broken down relative to Gold.
You can get all those details here.
So if we’re going to take the value of stocks and other fiat, and price it in Gold, then we should treat Crypto the same way.
Here are Bitcoin and Ethereum priced in “Real Money”: [Read more…]