Yeah and for me the strategy looks pretty simple. Trump administration waits for full gold remonetization, revalues balance sheet, gets 1T in liquidity, buys 100 billion Bitcoin, further monetizing Bitcoin. Why would the US want to monetize gold again, when BRICS are hoarding gold. It makes zero financial sense. The play would be to monetize Bitcoin and have Saylor go around the world to create the seeds of the new T-bill, Bitbond. Apart from this there will be the AI bubble risk capital moving from AI to the next risk asset. They'll certainly not play gold.

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Brrrrrgardus's avatar
Brrrrrgardus 1 week ago
Unfortunately, they don’t have to buy the Bitcoin. They control upstream energy resources and can “acquire/invest” downstream “strategically important” companies like Strategy. In the end, a Treasury Dept eager to acquire Bitcoin will defeat the Fed, I just hope they don’t destroy property rights to do it.