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Giuliano Giacaglia
@giu
In 2020, treasuries and gold diverged and haven’t come back even though they were correlated before then 👀👀👀
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IP
@ivanpomidorov
Simple explanation- you’re showing a period of low inflation and low interest rates, the divergence occurred when inflation spiked, driving up rates. People went to gold (traditional inflation hedge) and treasuries dropped in price in anticipation of higher rates in the future
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