ALPHA TERMINAL

Price Action (Gold Terms)

LOG SCALE
200120022004200520072008201020112013201420152017201820202021202220242025610306010030060010003000600010000
  • Mag 7
  • Bitcoin
  • S&P 500
  • USD Cash

Correlation Matrix (3Y Rolling)

DIVERSIFICATION CHECK
Mag7
Bitcoin
Gold
S&P 500
Treasuries
USD
Mag7
0.45
0.12
0.85
-0.32
-0.45
Bitcoin
0.45
0.25
0.55
-0.15
-0.38
Gold
0.12
0.25
0.10
0.45
-0.85
S&P 500
0.85
0.55
0.10
-0.25
-0.55
Treasuries
-0.32
-0.15
0.45
-0.25
-0.12
USD
-0.45
-0.38
-0.85
-0.55
-0.12

Asset Performance (Gold Terms)

LIVE DATA • REFRESHED 12:00 GMT
Asset
Total Rtn
Ann. Rtn
Vol
Sharpe
Max DD
Bitcoin+6228.8%44.6%74.0%0.60-76.6%
BTCUSD+6228.8%44.6%74.0%0.60-76.6%
Mag7+2312.9%13.4%83.6%0.16-81.0%
TRY+214.4%5.6%27.7%0.20-71.0%
Gold0.0%0.0%0.0%0.000.0%
EM_Currencies-52.6%-3.0%24.7%-0.12-80.1%
Real_Estate-57.3%-3.9%25.3%-0.15-79.0%
VNQ-57.3%-3.9%25.3%-0.15-79.0%
Commodities-63.2%-3.9%17.7%-0.22-72.5%
SP500-71.0%-4.8%21.2%-0.23-87.8%
ZAR-76.1%-6.3%27.0%-0.23-78.7%
INR-81.1%-7.3%19.9%-0.37-82.5%
BRL-81.9%-7.5%28.2%-0.27-89.0%
Treasuries-83.5%-7.4%18.9%-0.39-84.0%
TLT-83.5%-7.4%18.9%-0.39-84.0%
MXN-84.6%-8.1%23.0%-0.35-85.8%
USD_Index-94.4%-10.7%20.8%-0.52-95.0%
CNY-94.7%-11.3%17.8%-0.64-94.8%

Market Intelligence

● LIVE

Mag 7 Breakout

Tech stocks have decoupled from Treasury yields, signaling a "flight to quality" into digital scarcity. Real returns > 200% since 2014.

Fiat Warning

USD Index has lost 70% of its purchasing power vs. Gold. The "strong dollar" narrative is a nominal illusion.

Gold/M2 Divergence

Gold is currently lagging M2 expansion, suggesting it is undervalued relative to the money supply.