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56 sats \ 4 replies \ @Undisciplined 12 Mar \ parent \ on: Gold ETF Outflows Accelerate as Gold Hits New All-Time Highs charts_and_numbers
The question remains, why have we never seen this before? Maybe because gold ETF's are only 20 years old, but maybe there's a more interesting answer.
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25 sats \ 3 replies \ @kr OP 12 Mar
my guess would be that this is the first time in the last 20 years foreign powers are recognizing the inflation issues with holding the US dollar.
rather than buy the ETF, they may be buying real gold.
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62 sats \ 2 replies \ @Undisciplined 12 Mar
I wonder if the regime will "close the gold window" again. Will they convert claims to physical gold into gold ETFs to keep the gold in Fed member banks?
Interesting times
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25 sats \ 1 reply \ @Enemy_of_the_state 12 Mar
I’m sure the gold plated tungsten will stay where it is.
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0 sats \ 0 replies \ @Undisciplined 12 Mar
Well, yeah, you have to keep up appearances somehow.
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