Source item
Open original source ↗Gold is about to flip treasuries. https://t.co/TV1x313L5C
See also @LukeGromen’s commentary.
2 segments
Segment 1 · characters 0–57 · Original segment ↗
Segment 2 · characters 59–93 · Original segment ↗
Quoted context
These are the quoted author’s words.
Gold will be a bigger % of global FX rsvs than USTs in a few mths Central bank gold ($4.3T) will likely soon be > total USD assets in FX rsvs ($6.7T) Consensus only now shifting from "denial" to "anger" stage of grief on this...bargaining, depression, acceptance still to come via @jhamel
LukeGromen ↗