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3min chapter
Bearish but Priced In
The Compound and Friends
The Importance of Gold in Strategic Asset Management
I love this chart because to your point about gold being this really weird thing You have a chart showing the correlation between several different drivers that could plausibly drive return none of these correlation Very unstable. You can't pin it down. I think like you look at credit streets for instance you can see that governments Have no choice but to bail out financial institutions when they get too big to fill. And so if you take that argument to its extreme that eventually Everything gets kind of nationalized or quasi nationalized and central bank balance She's are just going to get ever ever bigger and then you debase fiat money Uh, like I like I'm not a conspiracy theory.
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