#derivate vs #physical divergence - this is huge if chart is right !!! bitcoin exact opposite happening since 2022
Discussion
I prefer BTC, but calling gold overbought and overvalued is ridiculous. We’ll easily see $10k gold over the next 5-10 years.
gold industry community is helpless n useless
- now grasroot + central geo forces are taking over the reign
real adj preice would have benn $30K if ot was suppressed for 50 years
💯
And I think we’ll return to that over the next two decades. Fiat is just an episode.
Just hard for humans to break out of their myopia and actually believe that’s we here we’re headed.
I agree, gold is 2.5% of all global assets. It’s under owned. If it goes back to historical norms. It could 4x from here.
Agreed. Gold was at parity with equity markets in the 80s. Going back there, as we will, would imply a 5x for gold *today* ($20T -> $100T). 4x is a lock over the next 10 years.