Irresponsibly-Bored.eth

HavingFunStayingBored // BAYC #6126 // Bored Zurich Ape // Rescued 1 MoonCat // @NFTeams_ // #AffeMitWaffe

[TSCS @SCapStrategist]

Here is the reframe that makes the entire gold trade click into place, and it has fuck all to do with the war.

Ask yourself why central banks piled into gold in the first place. Not because they woke up one morning in love with a shiny yellow rock that pays you nothing. Because gold is the one reserve asset that is nobody else's liability. It cannot be printed by some government desperate to inflate its debt away, and it cannot be frozen by a government you happened to annoy.

The moment the West froze Russia's reserves, every non-Western central bank looked at its own pile of dollars and quietly thought, right, what happens to mine if I am next on the list. Gold is the answer to that question.

That is not a trade, it is a re rating of what gold is for, and it is why the official sector hoovered up more than a thousand tonnes a year for three years running and shoved the euro into third place as a reserve asset.

The price is high because the world is slowly relearning that the only money nobody else can touch is the money sitting in your own vault. That buyer does not check the real yield, and it could not care less what the strait is doing this morning.

Structural. And early.

[Irresponsibly-Bored.eth @IrrespBored]

@thisiswenzel @LilNoah2022 Karlsruhe :-)

[Irresponsibly-Bored.eth @IrrespBored]

@danielgothits In Europe you cannot watch most of the games as they are very late in the evening or during the night. Very sad for all the kids...

[Irresponsibly-Bored.eth @IrrespBored]

@INArteCarloDoss You are on fire 🔥

[Irresponsibly-Bored.eth @IrrespBored]

🤣🤣

[KKGB @INArteCarloDoss]

Brigitte didn’t raise him to maintain platonic relationships for months. If he couldn’t lay here down after a few days, he deserved whatever came after, and honestly he deserved much worse. He disgraced the french male and got away on the cheap. Hope he learned his lesson

[Irresponsibly-Bored.eth @IrrespBored]

@INArteCarloDoss 😂👍😂

[Irresponsibly-Bored.eth @IrrespBored]

@TheeHustleHouse

[Irresponsibly-Bored.eth @IrrespBored]

@mfigge

[Irresponsibly-Bored.eth @IrrespBored]

@Drempts @K3n_eth MTG will probably disappear earlier...

[Irresponsibly-Bored.eth @IrrespBored]

@Drempts @K3n_eth No, but I understand that not many collectibles stand the test of time...new generations will collect new things...people now collect trading cards and nobody cares about stamps anymore...

[Irresponsibly-Bored.eth @IrrespBored]

@Mcflury2225 @cryptophily_eth @0x1_0NE @BoredApeYC @ApeChainHUB @apecoin @TheeHustleHouse @CryptoGarga @daknt90 @crytollie @boredbae98 @0xbeerish 😎

[Irresponsibly-Bored.eth @IrrespBored]

@0x1_0NE @TheeHustleHouse @BoredApeYC 🔥

[Irresponsibly-Bored.eth @IrrespBored]

@BowTiedBull Totally agree here...but always surprised how contraian this view is in casual conversations...

[goodalexander @goodalexander]

You wanted digital gold you got gold trading like physical bitcoin

[Daniel @danielgothits]

all the longevity influencers are gonna be outlived by italian dudes who sit at a cafe by the beach drinking espressos all day and arguing about football

[Irresponsibly-Bored.eth @IrrespBored]

@Fongern_FX Thx

[Irresponsibly-Bored.eth @IrrespBored]

@smileycapital Sleeping on a yoga mat for 9 years now...takes around 4-6 weeks for your body to get used to...

[Irresponsibly-Bored.eth @IrrespBored]

@marcfriedrich @HagelManuel Brückenbauer...