One Asset To Double As Global System Risks Unraveling | Luke Gromen
Luke Gromen warns that escalating Middle East tensions and excessive dollar strength will force foreign creditors to sell U.S. Treasuries to secure energy and food, triggering further dysfunction in Treasury markets. He positions gold—currently collateralizing only 13% of foreign-held U.S. debt versus a 40-60% historical average—as the single asset most likely to double or triple as the global monetary order restructures.