I don't see what past data data has to do with it.Since the new millenniumHuh.OR ... consider bonds and gold to be interchangeable.yes. ditch 60/40
I'm surprised a gold advocate would consider a hard asset and a fiat debt instrument interchangeable.
Blue = 60/40 stock/total bond
Red = 60/20/20 stock/10 year treasury/gold
Source
You either believe a heavy allocation to gold is a good thing because fiat will continue to be debased into the future, or you don't.
If one does hold gold for that reason, it doesn't seem like fiat debts would be interchangeable with gold at all.
It would be anathema to the whole thesis.
Statistics: Posted by watchnerd — Sun Apr 28, 2024 5:31 am — Replies 267 — Views 22994