Gold weaponized by China and U.S. for multiple purposes, Luke Gromen notes

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02.06.2026

Gold weaponized by China and U.S. for multiple purposes, Luke Gromen notes — Gold strategic for China and U.S.

Luke Gromen, founder, president, macroeconomic analyst, investor at FFTT, LLC (Forest for the Trees), notes that gold has historically been weaponized for different purposes and, in recent years, has been used at various times for both offensive and defensive strategies by China and the U.S.

He describes these dynamics as making for interesting times in the current global environment.

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Gromen has previously discussed changes in gold markets, noting that China reopened the gold window in 3Q14 with support from Russia. He has also examined longer-term inflation trends, comparing NBA Finals ticket prices for the Knicks and Spurs from 1999 and 2026. His work spans macroeconomic shifts across both commodity and consumer price indicators.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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