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KAOBOY MUSINGS and its associated podcast KAOS THEORY focus on the intersection of Financial Markets, Macroeconomics and Geopolitics. I've spent 30+ years as a trader/hedge fund manager and now manage money for my family office across many asset classes.

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Interview: TradeGateHub Interview With Dale Pinkert / Oil & USD.

Dale and I had a very focused conversation about Oil and the USD.

Michael Kao

Jun 8, 2023

YouTube:

1 Comment

jeff klugman

Jun 8

because it is useless, gold can be revalued as needed to provide elasticity of supply. if ksa sells oil for renminbi, the chinese currency can be converted to gold on the shanghai exchange AT A FLOATING PRICE. so i don't agree with your inelasticity argument re gold. non-oecd countries can trade in local currencies with imbalances settled in gold. the market will revalue the gold as needed.

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