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SNP-vs-Gold ~ Monthly
Somewhere along the line, gold became a risk asset. I believe it was around the time governments injected liquidity into the system to keep the economy afloat during the pandemic. I've been sharing this chart for some time and have talked about it at the Las Vegas @MoneyShow. I suspect many people holding gold in their portfolios assumed they were hedging against stock market risk. However, if stocks correct, gold will likely sell off with it. #gold #silver #metals #preciousmetals #stocks #stockmarket