Decoupled? Or Coiled Spring?
Only time will tell. 💵 🔥
Go back to 2020-25, graph gold against global M2. See how it “decoupled”. Until it didn’t…. 🚀 😉
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Nice catch, thanks. Zoom in on the temporary "decoupling" in early 2024. Looks like that is where we are now, too. Spring could surely be well-coiled, wow!