Wednesday, October 8, 2025

Year to date spot gold is up ~54%

By comparison, Total Stock Market Index VTSAX is up 14.83% ytd through yesterday.

Total Bond Market Index VBTLX is up 6.4%.

... The [gold] rally has been driven by a cocktail of factors, including . . . a weak dollar. ... -- CNBC 

Would these people know a weak dollar if they saw it?

Trying to explain gold like this is just silly.

The Nominal Broad U.S. Dollar Index is 120.51, down 7.4% from the January all time high of 130.21.

The all time low for this index was under Obama in July 2011, at 85.46.

You remember the summer of 2011, right? 

The dollar was at its weakest, America lost its AAA rating, and precisely net zero jobs were created that August, the first time since WWII.

We have a strong dollar today, not a weak one.