EPISODE · May 21, 2024 · 7 MIN
*SPECIAL: Hartnett Calls It
from GoldFix · host VBL
This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good AfternoonHartnett’s Weekly report is presented 3 ways. The Video walk-through is above, his main points broken are out below, and the original format is at bottom. Enjoy.Hartnett’s Flow Show: The Hard HedgeGold in early secular bull… alternative to US dollar, like crypto = hedge against “bear market in institutional trust”.Michael HartnettScores on the Doors:crypto 33.5%, gold 15.0%, oil 10.8%, stocks 10.2%, commodities 9.9%, US dollar 3.1%, HY bonds 2.3%, cash 2.0%, IG -0.6%, govt bonds -3.9% YTD.The Biggest Picture: total return of 30-year US Treasury -45% since Apr’20 (Chart 2).
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*SPECIAL: Hartnett Calls It
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