Is gold the ultimate hedge against inflation and sovereign risk? Or are stocks the better long-term wealth builder thanks to innovation and earnings growth?
In this heated and highly entertaining episode, Ram Ahluwalia (Lumida Wealth) and Vinny Lingham (Praxos Capital) dive deep into the macro landscape to debate the relative merits of gold vs. the S&P 500. Along the way, they explore:
Gold’s decentralization vs. Bitcoin
Why share buybacks might be distorting wealth creation
The role of inflation, AI, fiscal dominance, and central banks
The logic behind each of their portfolios
And to make things more interesting? They make a $10,000 bet on whether gold or the S&P 500 will perform better over the 9 months.