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33 sats \ 2 replies \ @Undisciplined 23h \ on: Gold Schizo and the Defense of 60/40 (FT/Goldman, Toby Nangle) econ
Yeah, to that final point, it seems odd to recommend buying gold based purely on it's recent aberrational performance.
Is there some notion that these patterns run for longer than five years, so we're likely in a new paradigm?
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42 sats \ 0 replies \ @denlillaapan OP 15h
Not in the FT piece, but maybe in the actual GS report
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0 sats \ 0 replies \ @Solomonsatoshi 22h
You haven't been reading the news lately? 50 years of trade and fiscal deficits. 37T debt. USA is fucked without the rare earths China now controls. Trump is begging for supply to resume. Good luck with that. Yes the world has changed since 1950.
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