Inflation adjusted chart for the GLD ETF:

https://totalrealreturns.com/s/GLD

(Not quite the same due to the compounding 0.40%/year expense ratio of the ETF, but probably close enough for this conversation.)

The number you are seeing is the (USD) price you would pay for one ounce of gold right now. (Not taking spread into account.)

Considering how our fiscal conservatives are trying to switch the money printer to turbo, I would say it's probably inflationary combined with a lack of confidence in the stock market.

> lack of confidence in the stock market.

Considering most stocks have been equally increasing/at ATH, I’m not sure that’s the reason.

Exactly - when equities, commodities, prices of goods, crypto, .... are all up, this tells us that the real situation is that currency is down.

That is what he means... Inflation of all assets caused by bad fiscal policy and both deregulation and regulation causing most of the money to only move around in the upper echelons of society

this really can't keep going on forever. the weekly "ATH" and everything going up is like a pressure bomb that keeps getting pressurized more and more each day.

And because this is all assets, the more assets you already have, the more you gain. And the central banks/etc. will make sure the party keeps on going for you.

A rising sea, raises all boats. But if one boat shoots up like a rocket, then expect a tidal wave.