mats: It finally happened
mats: US treasuries are no longer a safe haven
asciilifeform: mats: afaik the only 'safe haven' in the sense yer prolly implying, remains: rembrandts
mats: its a finance ting my fren
asciilifeform: from what are us bonds, with their single-digit % yields, 'haven' ?
mats: when there's market crises, investors flee to treasuries
mats: investors can't buy rembrandts
asciilifeform: certainly most of'em can't, noshit
mats: its a crack in the status of us treasury securities as a global reserve asset
mats: at the same time the trump people are in the process of monetisation of btc
mats: it could be a few years but eventually there'll be a race by central banks to buy btc, and they'll borrow and print to get it
mats: they will crowd and the trade and it will be a very fast run to 10+tn, and maybe even eat gold market share in the process
mats: there may be another bimetallic era but it won't last, and btc will fully demonetise gold
mats: crowd the trade*
asciilifeform: that'd be victory(tm)(r), but asciilifeform skeptical about living to see it, it always seems 'coupla yrs away' perpetually, 'like fusion power'(tm)(1970s--present)
asciilifeform: as for the trump thing -- seems to have very little visible effect on exch rate (approx == nao to just before his coronation)
asciilifeform: ... and, notably, far cheaper nao vs. 2022, considering usd inflation