Interesting ZH article this morning written by Matthew Piepenburg ( Von Greyerz Gold).
Here’s a snippet from the conclusion of the article:
The bond market is indeed everything, and what it is telling you far more honestly than the American Fed or Japanese BoJ is that your fiat money is consistently losing absolute purchasing power in plain sight.
This explains why a deliberate fire-sale in precious metals was unleashed early in 2026 to allow the whales to accumulate real money (gold) while the masses stare at their tech positions (and losses).
