Gold | “If we had a dollar crisis, gold would have to go up 19X to match the price level it was at in 1980 relative to foreign treasuries outstanding ($42K). 3x to 6x, that’s just getting back to long-term avg.” - Luke Gromen
Gold | Gold Reaches Record High, But Why?! "Gold Reaches New Record High ($2,184). Foreign Investors & Central Banks Have Been Buying Gold & Dumping U.S. Foreign Exchange Reserves & U.S. Treasuries." - 3/21/2024
GOLD | Gold Reaches Record High, But Why?! "Gold Reaches New Record High ($2,184). Foreign Investors & Central Banks Have Been Buying Gold & Dumping U.S. Foreign Exchange Reserves & U.S. Treasuries."