That chart is also really weird. With log scale turned off and expanded to all time...

https://www.macrotrends.net/1437/sp500-to-gold-ratio-chart

Makes it look like the US peaked at Sep 2000 and has been downhill ever since. Doesn't track at all with GDP which has almost doubled since 2000. I.e. it doesn't track with growth, but does track with dollar index somewhat, which makes sense because it's tracking a dollar value intermediate when considering "how much gold it takes to buy S&P 500", which means it really ends up tracking something else entirely.

> Compared to real money (Gold) the S&P500 is down over the past 10 years. [4]

Isn't this the real chart to look at for that? Completely different story when you select max on the timeline.

https://www.perplexity.ai/finance/%5EGSPC?comparing=GCUSD

Personally I am about $10M USD poorer for listening to people on the internet. I wish people would not spread falsities about finance that can actually ruin lives. (Albeit to be fair, the trend is towards conservative advice...my life was uniquely affected in terms of limiting upside, so I am at least grateful that most online posts work very hard to limit downside.)

It's a lot less Fiat than USD.

The analytical philosopher in me says:

"Define real money"

I think everyone can agree if you specify your definition.

A goat or a sheep cost roughly the same in gold today as it cost 2000 years ago during the Roman Empire. Gold is the only “real money” in the sense that it is the only stable measure of the value of basic needs over centuries.

https://chatgpt.com/share/696fb3e8-91d4-800a-9b2b-32eacdadeb...