Re:Gold Prices Top $4k for First Time
by ivanech on Tuesday October 07, 2025 @12:31PM
(#45505286)
> Gold has reached all time highs
this is true
> US debt (ie T-bills) selling at all time lows
this is not true unless you’re doing some kind of adjustment. For t bills, us03m yields were much higher 30-40 years ago.
> US equities are at all time highs
this is true
> USD falling day over day, month over month, year over year
if falling means inflation, yes in banal way. If falling means relative to other currencies, that’s the last 9 months or so. Previously the USD was quite strong
> US debt is falling in value because no one wants to buy it
this appears to be the hinge of the argument? It is not true. 10y yields have been down / flat since beginning of 2025 (i.e., price up). also tsy auctions remain well-subscribed / within historical range
this is true
> US debt (ie T-bills) selling at all time lows
this is not true unless you’re doing some kind of adjustment. For t bills, us03m yields were much higher 30-40 years ago.
> US equities are at all time highs
this is true
> USD falling day over day, month over month, year over year
if falling means inflation, yes in banal way. If falling means relative to other currencies, that’s the last 9 months or so. Previously the USD was quite strong
> US debt is falling in value because no one wants to buy it
this appears to be the hinge of the argument? It is not true. 10y yields have been down / flat since beginning of 2025 (i.e., price up). also tsy auctions remain well-subscribed / within historical range