Everybody's been buying gold like hotcakes. Iran war has probably many reasons, but one of them is to keep gold price down.
If/when Iran war ends I expect gold to go vertical.
498 442 sat
Post by 1G15jb…2UXp
Iran war to keep gold down? Why?
What the chain says
- Block
- 963 186
- Time
- 2026-08-20T20:12:43Z
- Signer
- 1G15jb1oQzB3oV6TEBaXfKA5PD6jSS2UXp
- App
- twetch
- Type
- reply
- Content type
- text/markdown
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1G15jb1oQzB3oV6TEBaXfKA5PD6jSS2UXp UnverifiedReplies (9)
It's somewhat counter-intuitive, but war favors cash.
I thought you said that it was a reason to go to war with Iran. I would be surprised to see gold react so positively to an end of war. An end of war means negotiations are over and China resumes buying US treasuries. Unless you think China gets the better end of the deal at the end of the war, I find this difficult to believe
249 143 sat
I think any means to keep gold down are attractive to the money changers at least until they switch to the new digital monetary system.
I don't think China will resume buying US treasuries.
But I'm a BSVer of sorts, so take my grain of rice with a barrel of salt.
497 899 sat
I do agree it's favorable to suppress gold.
Do you have any suspicions to how the digital grid rolls out practically over time?
My take is in the short term load gets distributed over the many nonsense chains. It's unclear to how long that can last. The way I see it BSV does not take off meaningfully till that stress test is reached. And by then, would the system have been replaced with CBDCs? Dunno
248 756 sat
After the United States froze Russia's assets over the Russia‑Ukraine war, China could no longer continue buying US Treasury bonds.
247 601 sat
They could no longer maintain their previous pace. But what is the Chinese economy without access to the markets US gives them. What deal do you reach with your largest trading partner if not resuming buying treasuries? They allow US dollar stablecoins in China? Or do they give US access to Chinese markets?
247 601 sat