Investing General Discussion

IWM creeping into a triple top on the monthly dating back to 2020.

Dollar destruction in a chart.

IMO to understand the market you need to change your denominator in value calculations to Gold instead of USD. With that view we've been through a ~80% correction or essentially flat depending on where you measure from. So essentially the Great Depression, just papered over with money printing. Changing how you look at value helps one to understand real vs nominal returns. I tend to replace Gold with Bitcoin as a denominator but that skews things cartoonishly just due to how Bitcoin has performed against everything else.

First chart is from a year ago, but you get the idea. Worth looking at charts in the entire thread for more context.

The extreme version of currency devaluation (Venezuela).