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In this video, I discuss the overnight flash crash of gold, in the context of its 10-year performance during a time of massive central bank money printing.
Judging by the last decade's performance, it would appear that gold is no longer a good hedge against fiat currency debasement.
In addition, gold faces renewed competition from Bitcoin, which is preferred by younger generations over gold. As we move further into the digital age, it would make sense that we transition to digital scarcity away from the physical scarcity of gold.
Not investment advice! Consult a financial advisor.
The Death of Gold:
The Great Reset and Negative Real Rates:
Watch the Fed's balance sheet grow:
CPI inflation is up:
Bitcoin vs traditional assets CAGR:
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