Pioneer of asset-backed tontine longevity pensions that offer "a type of guaranteed ‘alpha’ not available in any other asset class" per Dow Jones Marketwatch.
@GOLDCOUNCIL: "Gold has received increased attention from some pension funds as they reassess portfolio construction against a backdrop of geopolitical tensions, inflation shocks and a less reliable equity-bond correlation."
gold.org/goldhub/gold-f…
US Policymakers propose lifetime income as the default in retirement plans. This could help 40% of retirees avoid old age poverty + boost GDP by $27 BN per year.
If @NickNemo17's analysis (linked below) is correct, US life insurers cannot sell private credit to buy LT USTs without risking taking marks on private credit that consume most or all of the insurance industry's surplus.
👇implies a "gamma event" in LT UST yields is possible.
Everyone: You can't allow your members to back their lifetime pensions and trust funds with metal!
Bessent: 'Gold can’t have a fiscal problem. Gold cannot have a gigantic budget deficit. Gold cannot have a war. So just the fact that it is this isolated thing makes it very
