Luke Gromen makes the case that “debasement” isn’t a trade, it’s the new regime.
We unpack why assets look strong in dollars yet stagnate in gold/Bitcoin terms, the global reserves shift back toward gold, how a U.S. gold reprice to $10k–$20k could fund a balance-sheet reset, the risks of “paper gold,” Bitcoin’s potential catch-up (and a possible East=gold, West=BTC split), AI as an accelerant, and a pragmatic portfolio framework for navigating a 100-year reset.
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TIMESTAMPS
0:00 Intro
4:15 How Long is The Trade?
11:23 Gold vs Treasury Reserves
19:34 Gold All Time Highs
23:17 Gold Buying Pressure
29:08 Back to The Gold Standard?
37:37 The Transition
43:10 Central Bank Gold Accumulation
49:20 Gold Demonetization
57:00 Types of Gold
1:05:17 Gold vs Bitcoin
1:10:06 The Future of Bitcoin
1:16:19 4-Year Cycles
1:19:02 Tokenized Gold
1:24:19 100 Year Reset Portfolio
1:28:25 Closing & Disclaimers
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RESOURCES
Luke Gromen
https://x.com/LukeGromen
"The Debasement Trade"
https://x.com/LukeGromen/status/1974184554782220583
FFTT, LLC
https://fftt-llc.com/
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