lionfishcoin said:So I guess your answer is they proved ?ReturnToZero said:lionfishcoin said:They desperately try to prove their bond is still better than gold and silver ....
No.
For institutions with billions, treasuries is the only asset liquid enough they can move to.
Treasuries are still relatively safe - the question is not whether USA can pay their debts, its what they are doing to the fiat itself. When they take it back it inflation might have killed 10% of it, but it's better than having it sit in the markets and killing 50% of it.
Gold and silver is still an extremely volatile play, silver particularly. No institution will be stupid enough to go all in on it. Losing 20% in a day is a lot and GFC 2 has barely even started yet.
Can you point out anywhere they tried to prove it? It needed no proof. Most everything else is way, way too volatile to be a temporary safe haven.