This might be the most bullish Bitcoin + Gold chart there is. If you think Gold has already rallied a lot, think again. 100 years of the Gold-Stock Ratio tells us this may be just the beginning of the hard asset rally, following a 30 year long basing period of relative outperformance by stocks. The red circle shows that Gold has barely just started to poke its head up. If history repeats, Gold could outperform stocks by 300-400% over the coming decade. Now imagine. What might Bitcoin, as the apex predator hard asset with 10X lower market cap, do over that same decade? Global macro forces are also at play today that act like rocket fuel to this trend. The world is moving away from open trade and globalism. US tariff rates are today are jumping from near zero to levels not seen since the 1930s. Look at how the average US tariff rates compare to the Gold-Stock ratio. Periods of isolationism and protectionism saw Gold explode higher, which makes sense as countries secure wealth locally and trust counter-parties less. Why would this coming decade be any different to a century ago? And in a digital world, will that value capture accrue to just Gold, or Bitcoin?