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Pastimes : The Philosophical Porch
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From: Rarebird5/24/2025 5:37:43 PM
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When Gold strongly outperforms TLT the way it has over the past two years, it is signalling a crisis in confidence, not just in central banks, but the entire fiat system. The rise in Gold is not just about inflation, but about monetary credibility, gov't credibility in terms of tariff obsessions and unsustainable rise in debt.
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