Bitcoin Is Historically Cheap vs Gold, Silver, and Stocks

Show Notes

This episode centers on Bitcoin’s relative valuation across hard assets and equities at a moment when multiple ratios are reaching statistical extremes. Matthew opens by addressing Bitcoin slipping slightly below the 30th percentile in dollar terms, reminding viewers that this still places price within normal historical bounds. While the dollar view suggests fair to slightly cheap valuation, a very different picture emerges when Bitcoin is priced against other assets. The core of the episode focuses on Bitcoin relative to gold, silver, and the S and P 500. Matthew shows that Bitcoin priced in gold is setting new statistical lows almost daily, with BTC now trading below 20 ounces of gold and far under its long term power trend. When measured against silver, the divergence is even more extreme, with Bitcoin sitting near 22 percent of trend, one of the cheapest readings ever observed. Similar dynamics appear in Bitcoin versus the S and P 500, where BTC remains pinned near the lowest quantiles despite strong equity performance driven by AI related stocks. Matthew explains how power curves differ from exponential growth models and why Bitcoin’s network driven trajectory continues to rise even when short term prices lag. He frames these ratios as valuation governors that eventually attract capital rotation. The episode closes with brief geopolitical context, noting rising global instability and why long term monetary assets tend to matter more in uncertain environments. The key message is perspective. Bitcoin remains statistically cheap across multiple lenses, even if the dollar price feels uncomfortable. Porkopolis Economics - Episode 317 Chapters: 00:00:00 - Bitcoin Price Support Levels and Gold Comparison 00:02:33 - Bitcoin's Daily Growth Rate Analysis 00:03:32 - Bitcoin Gold and Silver Valuation Analysis 00:06:12 - Bitcoin vs Silver: Statistical Valuation Analysis 00:09:41 - Bitcoin at Historically Cheap Levels 00:11:26 - Bitcoin's Historical Cheapness Relative to Index 00:15:46 - January Bitcoin Price Predictions and Analysis 00:17:56 - Putin's War Narrative Crumbles as Europe Debates Russian Assets 00:20:33 - Putin's Military Ultimatum to Ukraine 00:22:12 - Russia's Casualties and Ukraine Aid Economics 00:24:47 - Belgium's Stance and Europe's Next Steps Show Sponsor: Debifi - https://debifi.com/ Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/ Porkopolis Economics covers macroeconomics, money, geopolitics and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis. Data-driven. Scale matters. Smaller, decentralized states means more opportunity for liberty than larger ones. Host: Matthew Mezinskis https://porkopolis.io https://x.com/1basemoney Show content is not investment or financial advice in any way. 🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/6266922845601792