The Inversion Investor

The Inversion Investor

The Limits of Gold, Oil and Bitcoin

Peter Pham's avatar
Peter Pham
Jul 07, 2025
∙ Paid

When any asset class grows large enough—achieving systemic relevance—the government inevitably intervenes. Historically, we’ve seen this with gold and oil. Once an asset surpasses a critical threshold, say reaching a trillion dollars in value, it becomes not just economically significant but geopolitically sensitive. At that point, it transitions from a…

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