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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 15 Nov 2024 - - - #### When the US Treasury announces that it will back the Global Reserve Currency with bitcoin 🔥 Bitcoin $BTC relative to gold $XAU has broken out brutally. [#gold|](https://blog.syzgroup.com/syz-the-moment/tag/gold) [#bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) ![When the US Treasury announces that it will back the Global Reserve Currency with bitcoin 🔥](https://blog.syzgroup.com/hubfs/3-Nov-15-2024-03-03-35-3185-PM.jpeg) ![When the US Treasury announces that it will back the Global Reserve Currency with bitcoin 🔥](https://blog.syzgroup.com/hubfs/3-Nov-15-2024-03-03-35-3185-PM.jpeg) 12 Nov 2024 - - - #### YTD Bitcoin +106% Gold +27% Source: Mike Zaccardi, CFA, CMT, MBA [#gold|](https://blog.syzgroup.com/syz-the-moment/tag/gold) [#bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) ![YTD](https://blog.syzgroup.com/hubfs/5-Nov-12-2024-02-01-13-4143-PM.jpeg) ![YTD](https://blog.syzgroup.com/hubfs/5-Nov-12-2024-02-01-13-4143-PM.jpeg) 8 Nov 2024 - - - #### Bitcoin priced in Gold is still 23% away from the all-time high. FOMO starts at $90K 🤑 Source: Bitcoin Archive [#gold|](https://blog.syzgroup.com/syz-the-moment/tag/gold) [#bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) ![Bitcoin priced in Gold is still 23% away from the all-time high.](https://blog.syzgroup.com/hubfs/6-Nov-08-2024-01-56-39-4628-PM.jpg) ![Bitcoin priced in Gold is still 23% away from the all-time high.](https://blog.syzgroup.com/hubfs/6-Nov-08-2024-01-56-39-4628-PM.jpg) 4 Nov 2024 - - - #### Gold's best year since 1979! There have been only four times in history where gold has delivered stronger returns: 1979: +126.5% 1973: +73% 1974: +66.1% 1972: +48.8% Source: GoldSilver [#Commodities|](https://blog.syzgroup.com/syz-the-moment/tag/commodities) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) ![Gold's best year since 1979!](https://blog.syzgroup.com/hubfs/12-3.jpeg) ![Gold's best year since 1979!](https://blog.syzgroup.com/hubfs/12-3.jpeg) 4 Nov 2024 - - - #### Last 3 years: Gold +52% $QQQ +28% Source: Mike Zaccardi, CFA, CMT, MBA [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) ![Last 3 years:](https://blog.syzgroup.com/hubfs/11-Nov-04-2024-03-59-54-4448-PM.jpeg) ![Last 3 years:](https://blog.syzgroup.com/hubfs/11-Nov-04-2024-03-59-54-4448-PM.jpeg) 1 Nov 2024 - - - #### Why is it happening? With Interest Expense soaring and US debt/GDP at 125% & rising, the only way the US can keep USTs nominally money good are via negative real rates. hence the gold outperformance. Source: Bloomberg, Luke Gromen [#Fixed Income|](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) ![Why is it happening?](https://blog.syzgroup.com/hubfs/7-Nov-01-2024-03-50-14-1542-PM.jpeg) ![Why is it happening?](https://blog.syzgroup.com/hubfs/7-Nov-01-2024-03-50-14-1542-PM.jpeg) 31 Oct 2024 - - - #### Central bank of India moves another 102 tonnes from London to its own vaults. It’s a trend. Source: Times of India [#gold|](https://blog.syzgroup.com/syz-the-moment/tag/gold) [#Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) ![Central bank of India moves another 102 tonnes from London to its own vaults. It’s a trend.](https://blog.syzgroup.com/hubfs/5-Oct-31-2024-04-17-45-6642-PM.jpeg) ![Central bank of India moves another 102 tonnes from London to its own vaults. It’s a trend.](https://blog.syzgroup.com/hubfs/5-Oct-31-2024-04-17-45-6642-PM.jpeg) 30 Oct 2024 - - - #### GOLD RALLY HAS BEEN TRULY UNSTOPPABLE Gold prices have hit 40 all-time highs so far in 2024, marking the best year this century. The so-called barbarous relic has rallied 33% year-to-date and is on track for the best annual performance since 1979. Source: Global Markets Investor, The Daily Shot [#Commodities|](https://blog.syzgroup.com/syz-the-moment/tag/commodities) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) ![GOLD RALLY HAS BEEN TRULY UNSTOPPABLE](https://blog.syzgroup.com/hubfs/5-Oct-30-2024-04-30-27-8877-PM.jpg) ![GOLD RALLY HAS BEEN TRULY UNSTOPPABLE](https://blog.syzgroup.com/hubfs/5-Oct-30-2024-04-30-27-8877-PM.jpg) ❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/35) [34](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/34) [35](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/35) [36](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/36) [37](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/37) [38](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/38) [❯](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/37) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/gold/page/54?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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