He S&P 500 He has accused this week a new rebound, but this could not be something a priori positive. He Chief Economist and Global Strata of Europac, Peter Schiff, has pointed out that the aforementioned rebound hides a significant decrease in real terms and points to oro as evidence to know the true market state.
“The S&P is not in a historical maximum if measured in real money,” Schiff wrote, highlighting that the value of the index in terms of gold has fallen 57% since the year 2000. “The nominal gain is completely due to inflation “He added.
Schiff highlighted the New historical record of goldwhich exceeded $ 2,940 for the first time, suggesting that “the 3,000 dollars are clearly a high probability this week” and criticized the Federal Reserve and the traditional financial community for ignoring the importance of this rebound, warning that they do it “Under your own risk.”
Gold is an active historical refuge and its ascent is a sample of the growing economic uncertainty about the decisions of the Federal Reserve, the commercial and tariff policy promoted by Donald Trump.