Illya Gerasymchuk
Entrepreneur / Engineer
in addition to being a store of value, gold is also acting as an investment
it's up ≈40% YTD
this is gold catching up to inflation and accumulated leverage
the financial system infrastructure, including monetary policies of the central banks are correlated
they're heavily exposed to the same set of assets - a lot of which are USD-denominated
this is of course extremely pro-cyclical