BITCOIN TO GOLD RATIO JUST HIT 18.17 - HIGHEST SINCE JANUARY. One BTC now buys 18 ounces of gold. Both assets are rallying together, but Bitcoin is moving faster. The numbers: · BTC: ~81,000 · Gold: Holding near $4,450/oz · Ratio: 18.17 - highest since January The catalyst isn't yields - it's debt. Every major advanced economy except Switzerland now carries a debt-to-GDP ratio above 100%. Treasury Secretary Bessent told the G20: "The world is awash in debt" and growth is the only way out. Anthony Scaramucci called it the "best Bitcoin ad of the year" delivered by 20 finance ministers who didn't mean to. The debasement trade is back. Gold and Bitcoin are both rallying, but Bitcoin is outperforming. The question isn't whether governments will inflate away debt. It's which hard asset wins the race. bitcoin:native $GLD $IBIT