đ„ PRICE ILLUSION VS REAL VALUE â IS GOLD REALLY âEXPENSIVEâ?
Everyoneâs staring at the $5,000/oz headline and calling it âprice madness.â
But that reaction only makes sense if you look at gold in nominal dollars.
Zoom out â and the story flips.
đ What this chart actually shows
Gold isnât being measured against a weakening currency.
Itâs being measured against financial assets â stocks and bonds.
And by that metric?
đ Gold is still historically cheap.
đ°ïž A reality check
âą In 1980, gold massively outperformed stocks and bonds
âą Today, gold is still near the bottom of that long-term ratio
âą Equities (S&P 500) and government debt have absorbed enormous inflation
âą Gold hasnât yet caught up
This isnât expensive gold.
This is a delayed repricing.
â ïž The illusion
Nominal prices rise, so people assume value has peaked.
But whatâs really happened is:
âą Stocks inflated
âą Bonds inflated
âą Debt exploded
âą Currencies diluted
Gold is simply beginning to close the gap.
đ§ Why this matters now
The classic 50/50 portfolio no longer offers true protection in a world of:
âą High debt
âą Financial repression
âą Policy-driven markets
Smart money is starting to understand this isnât a gold bubble â itâs the early phase of a structural reset between paper assets and hard value.
đ Bottom line
Weâre not buying gold because it went up.
Weâre buying it because everything else is priced for perfection.
The real question isnât whether gold is expensive â
Itâs whether your portfolio is ready for what comes next.
#GOLD #Macro #HardAssets #SafeHaven #PortfolioProtection #BinanceSquare