yes, but... if you invested 1K USD in gold and 1K USDin a SP500 index fund in 1971, both of those investments would be worth the same dollar amount today.
perhaps that's an artifact of gold's recent spike in price, but perhaps the SP500 is also in the middle of a giant bubble.
perhaps that's an artifact of gold's recent spike in price, but perhaps the SP500 is also in the middle of a giant bubble.
https://www.macrotrends.net/1437/sp500-to-gold-ratio-chart
Go ahead, cherry-pick some other dates to tell the story you want!