Luke Gromen(@LukeGromen):If UST reserves cannot be sold in a crisis without making said crisis worse by threatening a debt spiral, then UST’s are no longer fit for purpose as FX reserves. In contrast, earlier this year, gold reserves were sold easily & quickly & de-escalated the crisis. Let’s watch.

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.

Joined December 2014

2.5K Following 631.4K Followers

Luke Gromen@LukeGromen

2026.08.05 13:27

If UST reserves cannot be sold in a crisis without making said crisis worse by threatening a debt spiral, then UST’s are no longer fit for purpose as FX reserves. In contrast, earlier this year, gold reserves were sold easily & quickly & de-escalated the crisis. Let’s watch.