Gold at $4,755 Signals Dollar Confidence Crisis, Not Inflation Fear
THE MACRO PICTURE Gold surged 1.21% to $4,755.10 today while the VIX fell 1.33% to 19.24 and equities climbed—a configuration that tells you everything about what’s actually happening in global capital flows. This isn’t your textbook safe-haven bid during risk-off turbulence. This is institutional money hedging structural dollar debasement while simultaneously buying US equities because … Read more