Finance and Investing

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Dennis Hackethal’s avatar
Dennis Hackethal·​#4141·​

Apparently, stocks have fallen since the dot-com bubble when measured in gold instead of dollars: https://x.com/elerianm/status/1976237139185574170

Some comments suggest measuring stocks in gold is arbitrary, others say this development is simply due to inflation.

Are they right or is this development a deeper sign that the economy is in trouble?

Benjamin Davies’s avatar
Benjamin DaviesOP·​#4143·​

Measuring the stock market in fiat is more arbitrary than measuring it in gold.

A short video relating to that:

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Monetary Metals Video Update 1/12013
Stuart Clapick
Dennis Hackethal’s avatar
Dennis Hackethal·​#4148·​·​Criticism

Wiener’s critique of the dollar applies to gold, too. Both fluctuate. I see no rational preference for gold following from his argument.

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Dennis Hackethal’s avatar
Dennis Hackethal·​#4224·​·​Criticism

The value of gold is anchored, see #4155. The dollar has no such anchor.

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