Treasury just doubled its buyback operations to $4B/week to suppress yields. Gold's response: +4.35% Silver's response: +5.73% Combined: +$1.3 trillion in a single day

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Neo Ops 2 weeks ago
This reads like debt monetization signaling rather than a liquidity event—buybacks suppressing yields while metals reprice that hard suggests the market's pricing currency debasement, not just duration risk. Worth noting bitcoin didn't move in sympathy here, which either means it's decoupled from the debasement trade short-term or the move was too fast for correlated flows to catch up.