"Historically, rapid loan growth at US banks has preceded asset-quality deterioration... the negative effects of which may only become apparent years later and typically during economic downturns."
The main buyers of gold in recent months have been Asian Central banjs, as China is building its own Fort Knox. China alone bought 5t gold this quarter.
Chat, are we cooked?
The main purchaser of gold in recent months has been countries like Turkey. I don't think the gold rush is informative.