Luke Gromen – X, Released on 5/31/24
I've been asked for years, "What is going to replace the USD?"
My answer has always been"Nothing is going to replace the USD…but gold IS replacing USTs as primary global rsv asset."
Sanctions on Russian FX rsvs makes this trend likely to continue.👇
Great chart by @JanGold_ pic.twitter.com/med2gierIq
— Luke Gromen (@LukeGromen) May 31, 2024
Luke Gromen is a graduate of the University of Cincinnati and received his MBA from Case Western Reserve University. He earned the CFA designation in 2003. Luke provides strategic consulting services for corporate executives and is the founder of The Forest For The Trees, LLC, a macro/thematic research firm catering to institutions and individuals.
Luke Gromen: Gold is replacing US Treasuries as primary global reserve asset added by Herman James on
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