Gold Bitcoin Rally Together as the Debasement Trade Returns
Source: etf.com
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DW NOTE
Gold and Bitcoin rallying together is not a debasement trade — it's a collateral call. When the Strait of Hormuz shuts and oil supply drops 4%, someone is about to get margin called in energy contracts, and the scramble for liquid assets that central banks can't print into oblivion begins. Call it what it is: a run on counterparty risk.
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