2min chapter

Smarter Not Harder cover image

Adam Robinson: Cracking the System and Simplifying Life’s Complexities

Smarter Not Harder

CHAPTER

Bond Traders Selling Bonds and Metal Trader's Buying Copper and Buying Gold

The way to think about gold is it's shiny copper that you have to store. And you have to pay for the storage costs plus the interest, right? So bond traders will sell bonds and metal traders will buy copper and sell gold. That ratio expresses exactly the same to you about the world. What had worked for 20 years has now flipped and it's working in the reverse.

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