BITCOIN
US Gov’t Buys Back Debt, Markets Surge, Dollar Drops, Gold & Bitcoin SOAR
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US Government Buys Back Debt, Markets Surge, Dollar Drops, Yields Collapse… Gold & Bitcoin SOAR
Breaking thirty minutes before this recording: the US Treasury is buying back long-dated bonds. After a week of the 30-Year climbing to 25-year highs, the government is forcing the long end down — and everything ripped. Futures, gold, and Bitcoin surged while the dollar dropped. Gareth Soloway explains why markets love it near term and why it sets a dangerous precedent.
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