The duration and reliability of a currency as a store of value now depends critically on dual performance of both bonds AND equities in that currency; if both asset classes decline simultaneously for a sustained period (longer than 6-12 months), the currency loses credibility as a store of value regardless of other fundamentals.
causalpending
Speaker
Louis VangermeerschEvidence Quote
“now for the first time we're looking at a five-year loss period in bonds in uh in in US bonds bonds us treasuries are no longer a store of value [32:58]”
Source
From Wedlock to Deadlock: The East-West Divorce - with Brent Johnson and Louis Gave— In Gold We Trust [EN]Created: 8/12/2026, 6:04:21 PM
My Notes
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