Looks like right now all that glitters really is GOLD

What in the world is happening to Gold?

Gold prices are up a MASSIVE 28% in 2024 to a fresh record high of $2,660/oz.

This puts Gold on track for its best annual return since 1979, all while the Fed is calling for a "soft landing."

Is Gold telling us something?

(a thread)

— The Kobeissi Letter (@KobeissiLetter) September 23, 2024