THE VON GREYERZ PERSPECTIVE - vongreyerz.substack.com
GOLD WILL NOT GO UP IN THE NEXT 5-10 YEARS
Jun 5, 202613 minS0
<p>For decades, investors have been conditioned to focus on asset prices.</p><p>They watch stock indexes, property values, bond yields and commodity prices. They celebrate gains and fear losses, assuming wealth can be measured by the number of dollars, euros, pounds or yen attached to an asset.</p><p>But what if the measuring stick itself is broken?</p><p>What if the real story of the last century has not been the rise of stocks, property or even gold, but the steady destruction of the currencies used to measure them?</p><p>Before discussing gold, inflation, debt...
