🇺🇸🇯🇵 The West's real nuclear event is its own bond market, and the money fleeing it is buying gold miners instead of Treasuries Everyone is watching AI earnings. Michael Oliver has been watching 30-year Treasury futures, which his charts said would break in April, and did. Th
Why now
Thesis: Sovereign bond breakdown pushes capital into gold miners
Catalyst to watch: 30-year Treasury futures price action
Main risk: Chart-based opinion, not confirmed market fact
Why it matters
The claim is that Western sovereign bond markets are breaking down together, pushing capital from Treasurys into gold and miners. This is a chart-based opinion, not a confirmed market fact.
Details
🇺🇸🇯🇵 The West's real nuclear event is its own bond market, and the money fleeing it is buying gold miners instead of Treasuries Everyone is watching AI earnings. Michael Oliver has been watching 30-year Treasury futures, which his charts said would break in April, and did. The yield charts of Japan, Germany, Britain and America now look alike, and that is a Western government debt crisis rather than a stock bubble: "find me a crisis bigger than that in the last hundred years" The Treasury secretary's answer was to buy yen so Japan would stop dumping American bonds. Two burning houses passing buckets, and the bonds fell anyway. Money is leaving stocks, and its old refuge is gone. So it went where big managers who can't hold bullion can go... Newmont and Wheaton, back at their highs in three weeks. Silver sits barely $15 above its 1980 high while gold is five times its own. The shift started before the war. Oil is just the last thing to notice. @Oliver_MSA @WeTheBrandon
Sources
- x · 2026-09-11 00:53 UTC