Just stumbled upon an intriguing analysis by @TaviCosta , that unveils a divegence in two metrics that have usually moved in tandem, Let's dive deeper into this unprecedented anomaly that has unfolded since 2020 🧵👇
Traditionally, gold and treasury prices moved in tandem, reflecting a close correlation in their market dynamics. This changed post-2020, showcasing an anomaly where despite rising yields, gold prices surged Source : x.com/TaviCosta/stat…
Traditionally, gold and treasury prices moved in tandem, reflecting a close correlation in their market dynamics. This changed post-2020, showcasing an anomaly where despite rising yields, gold prices surged Source : x.com/TaviCosta/stat… https://t.co/eMI3FOubld
@WeekendInvestng @TaviCosta Tavi is uber bullish on Brazilian equity market and gold , little contradictory .Central bank presently own gold lowest level since inception . But if thing turned around it will be win win sitiuation
@WeekendInvestng @TaviCosta Another pattern I have observed is rising yields did not push the Dollar index above 120, what it is saying is that the central Banks lost hope on the Dollar and started buying gold at the same time dumping dollars. Dollar will create Chaos.
@WeekendInvestng @TaviCosta The difference is US banks are ordered to buy USTs due to lack of demand. Non-Western central banks and citizens are buying gold voluntarily.
@WeekendInvestng @TaviCosta Probably world is preparing for dedollarization.