Maybe it’s just confirmation bias, but I also strongly suspect the movement in Gold over the last ~3 months into the 🇺🇸 could very well be due to the settling/unwinding of paper trades/derivatives held by US Treasury, central banks, etc. The reason(s), many. Notably Bessent’s… https://bit.ly/4kxIDnw https://bit.ly/4knLH5I

Maybe it’s just confirmation bias, but I also strongly suspect the movement in Gold over the last ~3 months into the 🇺🇸 could very well be due to the settling/unwinding of paper trades/derivatives held by US Treasury, central banks, etc. The reason(s), many. Notably Bessent’s… https://bit.ly/4kxIDnw https://bit.ly/4knLH5I

— MasterMetals (@MasterMetals) Mar 7, 2025

From MasterMetals
March 07, 2025 at 02:32PM
https://twitter.com/MasterMetals/status/1898003950093169014