Luke Gromen
@LukeGromen
Founder & President, Forest for the Trees (FFTT). Author of "The Mr. X Interviews, Volumes I & II.” I never solicit via DM's. RT not endorsements.
2.5K Following 581.4K Followers
Preparations continue for “changes not seen in 100 years” - a.k.a. for gold to resume its role as the world’s primary/sole reserve asset, as it was pre-1922 Genoa Conference
Gold likely needs to be way higher than $5,000/oz. to resume that role
This is massively bullish for USA
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10y UST yield now up 70bps since Iran war started.
#HeckuvaJobBrownie#
Hocking the family silver
COMEX issues in silver a few months back starting to look a bit more auspicious in hindsight
Can’t make solar panels and EV batteries with SLV paper… Let’s watch.
The UK imports silver from the U.S. to sell it to China…
Add it to the (0-for-) "3 Arrows"?
@abcampbell Central Bank gold buying in 1q26 were the strongest in over a year
Either Turkey's gold trader should be fired for galactically sh*tty execution or "someone" is capping gold to paint some lipstick on the pig that is the Iran war & Hormuz.
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@abcampbell Central Bank gold buying in 1q26 were the strongest in over a year
Either Turkey's gold trader should be fired for galactically sh*tty execution or "someone" is capping gold to paint some lipstick on the pig that is the Iran war & Hormuz.
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RT @CommodMkt: You can’t print molecules (or atoms or joules). $Abaxx is a physically settled commodities exchange that will drive true pri…
"The US can't live without the USD system, and can't live with it anymore. China can't live without the USD system, and can't live with it anymore."
That's the tricky part. Thanks for having me on, @MilesFranklinCo!
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Thank you for being a Tree Rings subscriber, @K2Z0_finance!
Thank you for being a Tree Rings subscriber, @kpenney3!
Thanks for being a Tree Rings subscriber, @RussSamuels!
What you need to know about the CLARITY Act.
“For Want of a Nail” supply chain breakdowns accelerating…
“Who cares about motor oil supply constraints” - eventually everyone in a US economy where ~70% of goods are shipped at some point via truck.
$64,000 question = when does “eventually” become “now”?
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Nissan just sent a memo to its US dealer network warning of engine oil supply constraints.
Effective May 1st, allocation of Nissan Genuine Oil (including Mobil and Mobil 1 variants) has been cut to 55% of prior year volumes.
The cause cited: ongoing global supply constraints
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10y government bond yields of US, Japan, UK, Germany, France, and China since the beginning of the Iran war.
China = aquamarine line
If the Iran war strategy was "choking out China's oil supplies", it's time to reconsider the strategy.
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Guys I don’t think they’re playing 4d chess at this point
