BREAKING: Gold officially rises above $5,000/oz for the first time in history. The gold rush is accelerating.
This is no longer about retail investors protecting themselves from the Fed's debasement of the currency. It's a breakdown of trust & confidence in the financial system itself.
This is a global thing. India is transitioning from US Treasury promises to hard assets like gold. They’re not the only ones.
You can’t eat gold, but you can hide it. You can defend it. When the troubles are over gold is still worth *something*. Promises turn to mist when the guns come out and then they’re gone forever.
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Source: [https://x.com/KobeissiLetter/status/2015561325892583661](https://x.com/KobeissiLetter/status/2015561325892583661)
This is a global thing. India is transitioning from US Treasury promises to hard assets like gold. They’re not the only ones.
You can’t eat gold, but you can hide it. You can defend it. When the troubles are over gold is still worth *something*. Promises turn to mist when the guns come out and then they’re gone forever.