Gold | “If we had a dollar crisis, gold would have to go up 19X to match the price level it was at in 1980 relative to foreign treasuries outstanding ($42K). 3x to 6x, that’s just getting back to long-term avg.” - Luke Gromen
GOLD | "Central Banks In 2022 & 2023 Bought Something Like 50% or 60% More Gold Than They Had Bought In Any of the Previous 10 Years. They See That the Western Currencies Might Have to Be Reset." - Clive Thompson