Seeing the stock market in Gold terms reminds me of my own deeper look at global GDP trends since 1960. Freezing the dollar supply at 1960 levels, and simple observing how GDP has changed over time relative to the dollar supply as a whole, reveals we've been living in a depression since the dot-com bubble burst. GDP per capita has fallen over 60% since then, while it's 65% down since it's peak in 1980.