- Entry
- $47.47
- Final
- $41.32 -13.0%
- Target
- —
- Score
- +1.00
I was listening to an analyst and they mentioned that due to the Russian-Ukraine war the international community froze Russian assets including US treasuries. Due to this countries started to go away from treasuries and went into gold. They could still convert gold to buy commodities. Now the Iran war has highlighted that you can't just turn gold into commodities if they are unavailable. For instance 20% of LNG goes through strait of Hormuz. 85% of that goes to Asian …
— ORIGINAL POST ·
Treasury, Gold and commodities
· r/stocks
· Mar 15, 2026