Equities vs. Gold
It is very tough to understand cyclicality, as it goes against conventional belief, which comes from the society. Hence seeing cyclicality, appreciating it, comprehending it needs some courage to see what everyone can’t see. What if you are wrong? What if the society is right? What if….?
This is another reason why Gold should underperform Equities. Gold the winner, the outperformer should underperform…