This shows a realization by investors that stocks are worth less than they thought and gold is worth more.
They have moved in opposite directions as people have realized that currency and stocks are pieces of paper (or now - digits in a database) while gold is tangible and cannot be wired across the oceans nor monitored and taxed and garnished as the database assets are.
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This shows a realization by investors that stocks are worth less than they thought and gold is worth more.
Nov 09 02:17 am
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All Comments by ebworthen »S&P 500 Priced in Gold [View article]
They have moved in opposite directions as people have realized that currency and stocks are pieces of paper (or now - digits in a database) while gold is tangible and cannot be wired across the oceans nor monitored and taxed and garnished as the database assets are.