Why I think gold/oil ratio will go to 100+ over time

The podcast addresses listener questions on macroeconomic and geopolitical themes. Luke Gromen predicts the gold-to-oil ratio will rise to 100x and stay there, driven by a shift away from the petrodollar system and the need for an alternative reserve asset. He argues that unlike boosting factory output, increasing consumption is easy for China through stimulus measures. Gromen expresses concern over divergences in the yen/JGB and dollar/Treasury yield relationships, signaling potential financial instability. While a nominal stock market crash is unlikely due to money printing, he anticipates stocks declining against gold and Bitcoin.