Extending their run of the last few days, spot gold prices just exceeded their all-time highs, topping $2140 for the first time in history…
What is gold pricing in about future Fed action? Real rates dramatically negative? As Luke Gromen noted on X:
“When gold rises in your currency DESPITE positive real rates, the gold market is saying ‘Your government will have a debt spiral if real rates remain positive’.“
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BTC also hit a record high this morning. The market is currently down 227. March 11th is impacting the economy as people flee into assets that will be protected when the dollar collapses.
David DeGerolamo
Something major is brewing on the financial front according to Gold. This is no small thing.