Loading ...Luke Gromen, founder of Forest for the Trees (FFTT), has identified the most important monetary development of our lifetime: what we’re witnessing isn’t a gold rally…it’s a gold “phase change!
The global monetary system, dominated by the US dollar and US Treasuries for settlement in a hegemonic framework, is shifting toward a multipolar system. This transformation is driven by the weaponization of the dollar-Treasury system and the unsustainable debt load of the United States.
The world needs an asset that cannot be printed into oblivion, has no counterparty risk, and is universally accepted and owned. That asset is gold.
For the first time since 1996, foreign central banks now hold more gold than US Treasuries as a percentage of their reserves; a historic inflection point that signals the end of one monetary era and the beginning of another.
This isn’t cyclical; it’s structural. And it means gold prices are entering a completely new paradigm where traditional valuation metrics likely become irrelevant.
The Phase Change: From Rally to Monetary Revolution
Luke Gromen’s insight cuts through the noise of traditional gold analysis. Most investors and analysts view gold’s recent performance as another cyclical rally driven by inflation fears, geopolitical tensions, or currency debasement. They’re missing the forest for the trees.
Let’s dig into why this is a fundamental phase change, why gold is becoming the universal settlement asset of choice, critically important institutional recognition and record profits in this new paradigm……