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The tyrant "has desires which he is utterly unable to satisfy, and has more wants than any one, and is truly poor, if you know how to inspect the whole soul of him: all his life long he is beset with fear and is full of convulsions, and distractions, even as the State which he resembles."
Saturday, August 23, 2025
Gold has easily outperformed the S&P 500 over the last three years
SPX is up about 53% in the last three years vs. gold which is up about 90% (1775-3373).
If stagflation is our future, gold may do even better.