U.S. Stock Market Capitalization vs GDP Hits Record 200%. What it Means for Gold.
thegoldobserver.substack.com
For the first time ever the total value of the U.S. equity market is worth twice as much as the real economy. A true financial bubble. Previous highs of the equity to GDP ratio were followed by significant gains in the price of gold. This time around I expect the gold price to rise as well.
U.S. Stock Market Capitalization vs GDP Hits Record 200%. What it Means for Gold.
U.S. Stock Market Capitalization vs GDP Hits…
U.S. Stock Market Capitalization vs GDP Hits Record 200%. What it Means for Gold.
For the first time ever the total value of the U.S. equity market is worth twice as much as the real economy. A true financial bubble. Previous highs of the equity to GDP ratio were followed by significant gains in the price of gold. This time around I expect the gold price to rise as well.