Gold is surging on the coming monetary reset but most think they have "missed the trade." The real miss is mistaking revaluation for a trade. Early days…
— Simon Mikhailovich (@S_Mikhailovich) April 21, 2025
More Context:
Simon is right👇. Some context:
W/this gold rally, the market value of US official gold is up to 10% of the value of foreign-held USTs
1989 it was 20%. LT avg is 40%. 1980 it was 135%.
Chart👇 doesn't include Entitlemts, & US debt becomes more unsustainable as UST ylds rise https://t.co/Fh5bPoGpbV pic.twitter.com/PlujXmyPrX
— Luke Gromen (@LukeGromen) April 21, 2025
