Price Illusion vs. True Value… Is Gold Really “Expensive”?
While screens are fixated on the $5,000 per ounce headline and calling it “price madness,”
this chart tells a completely different story one that only appears if you look beyond nominal numbers.
Yes, gold is approaching the $5,000 level.
But the shocking truth is that, historically, it is still very cheap.
How is that possible?
Because this chart does not measure gold in U.S. dollars (a currency that has lost much of its purchasing power).
It measures gold against financial assets, stocks and bonds.
Back in 1980, gold exploded and massively outperformed everything else.
Today?
We are still near the bottom.
Gold has not yet caught up with the enormous inflation that occurred in equity markets (S&P 500) and in government debt.
What we are seeing now is not “expensive gold.”
It is the early stage of a historic correction between illusion and reality.
Smart money is beginning to realize that the traditional 50/50 portfolio no longer offers real protection,
and that the true “safe haven” is still at the beginning of its major cycle.
Don’t be fooled by nominal prices.
We are not buying gold because it went up we are buying it because everything else is a bubble waiting to be repriced.
Is your portfolio ready for this shift?
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