When measured against gold, the stock market high happened in 1999, not in 2020. Yet, we are still far above the historic average, so we can expect the stock market to continue to go down relative to gold.
Monday, March 2, 2020
Stock Market All Time High
Measured in dollars, the all time high in the US stock market happened a little over a week ago. However, the dollar is not a good store of value. It cannot be used to compare historic prices very well.
When measured against gold, the stock market high happened in 1999, not in 2020. Yet, we are still far above the historic average, so we can expect the stock market to continue to go down relative to gold.
When measured against gold, the stock market high happened in 1999, not in 2020. Yet, we are still far above the historic average, so we can expect the stock market to continue to go down relative to gold.
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