A little bit of this… a little bit of that…
Fiat’s value stems in part by the “work” behind each unit. So debt being “fiat” (fiat currency is born from debt)… divide that by GDP.. you get it’s stored “value”.
Now get the CPI adjusted values. Multiply gold * cost of living… and that stored “fiat” value * cost of living.
Now check out the 3 year rate of change applied for the REAL “stored value” of fiat, how it changes.. and how gold prices that change in. Giving you the macro underlying currents moving this big stew. Check where we are at!
Edit: injected this version of chart. 1 year rate of change more precise + added descriptions of what I think is happening post 2008-2011… and what might happen next!
That’s getting pretty heavy for this old mind Patrick.
But I like the chart implication
🙂
Yeah. I’m not even sure what it means. Got dizzy writing the explanation which might invent or flip flop non sense… hoping to confuse my audience so I won’t get challenged… hey wait.. where did I see that strategy used before ?!?!
shhhh
🙂