[fuoqi]

If it's an everything bubble, than it may not be a bubble, but a currency depreciation instead (not just $, but of all fiat currencies). Market participants openly expect a new round of bigger than ever money printing on the first serious signs of the R word (and BBB is just a precursor here).

Though, personally, I consider the AI trade to be currently deep in the overripe bubble territory.

[aunty_helen]

When you fix everything around gold this becomes obvious. We’ve had silent hyper inflation of the reserve currency since covid. Wages are stagnant, the price of everything has gone up, assets and gold are still the same “value”

Trillion dollar companies, 100 billion+ club becoming crowded. All points in one direction. And it’s not a bubble that will pop, the citizens of the world will revolt.

[immibis]

Increases in the dollar to gold exchange rate don't necessarily correlate with dollar value decreased; they can also be gold value increases.