What Gets Gold to 4,000? 2% T-Bonds? Melting Cryptos May Guide - A path toward 4,000 an ounce for #gold could require something that's typically a matter of time: reversion in silly-expensive risk assets, notably #cryptocurrencies. If the US #stockmarket continues falling, Treasuries at about 4% will face gravity pull from government bonds in #China and #Japan yielding less than 2%, adding tailwinds to gold. Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/stgxe7dwx2ps {BI COMD} #commodities #bonds #macroeconomics @BBGIntelligence