Zaid

Yeah, I think that's gonna be the key story to watch.

And I think, yeah, obviously gold is the benefit of that.

We've already seen gold rally.

It's gold, it's silver, yeah, silver too.

Silver has kind of become a meme stock though.

But yeah, gold for sure.

And gold's up, what, 70, 80% over the last year.

And that might just be like the trade of the decade, of the latter half of the decade because of all this uncertainty.

But, yeah, like, I guess that's just the hard part for some of these smaller countries, though, is, like, where do they park their money?

Like, where is Denmark going to park their money if not for U.S.

Treasuries, even other countries?

Like, there's no other alternative for them to, like, park their money and earn a yield on their cash.

So that's going to be an interesting story to monitor.

Now, speaking of, like, the U.S.

bond market, I want to talk about Japan because you talked about them recently in one of your Instagram reels.

It's I feel like not many people understand what role Japan plays in all of this.

Right.

Like there was a freak out earlier this week.

The bond yields, the 40 year Japanese bond yield just like started going crazy.

Like if the yields were climbing, everyone's starting to freak out.