原推:In the pipeline, inflation is turning into deflation. One of the best inflation gauges, the gold price peaked more than two years ago in August 2020 at $2075 and has dropped ~15%. Lumber prices have dropped more than 60%, copper -30%, iron ore -60%, DRAM -46%, and crude oil -35%.
https://twitter.com/CathieDWood/status/1567648677560291328