everything went down when priced in gold, including gdp, meaning we have been in a decade long depression by the gold standard, un capitalized
by your preferred non-standard, zimbabwe has been the best performing share and property market for 8 years in a roll, and counting, in local currency terms, as opposed to purchasing power
i can refer you to your own post where you had pointed mentioned that you do not care about daily, weekly, monthly and yearly noise, but focus instead on the long term ... well, long term, the equity market went nowhere, and housing has been and is picking up collapsing speed - a detail, but an important one |