Weekly Market Pulse: Maybe We Need Our Golden Fetters

By |2026-01-26T07:07:08-05:00January 25th, 2026|Alhambra Research, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Newsletter|

This is, in my opinion, the most interesting chart in all of finance. This shows the return from gold versus the total return of the S&P 500 since 1/1/2000. As you can see, gold's return has exceeded that of stocks by almost 3 to 1; it isn't even close. If you had bought gold at the turn of the century, [...]