Gold Outperforms Major U.S. Asset Classes and Wages Since 2020 Amid Persistent Currency Debasement

Long-term performance metrics evaluated in gold terms reveal that major U.S. asset classes, real estate, bonds, and average wages have experienced significant cumulative declines relative to the precious metal since 2020.
Comparative performance data highlights the following structural shifts:
* S&P 500 / Gold: -13%
* U.S. Houses / Gold: -44%
* Long-Term U.S. Bonds / Gold: -80%
* U.S. Wages / Gold: -55%
The steep depreciation across equities, real estate, fixed income, and labor compensation when priced against gold underscores a growing debasement trade, as investors increasingly rotate toward hard assets to preserve purchasing power against fiat currency devaluation.