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ML194: Raoul Pal on Russia-Ukraine, Investing in Uncertain Times & The Tokenisation of Culture

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What Are Your Thoughts on the Gold Bond Market?

There is a very strong case for other central banks to increase their reserves in gold because of the fact that gold is nobody's liability, and the dollar now clearly is. So i'm pretty positive gold, but it just doesn't trade well. It keeps trying to break higher and then fails,. And i think, you know, crypto currencyes actualy, much better bet for this em than bonds. I bought some call options on bonds, but i will probably over the next few months, look because i think growth means unyield.

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