I don’t think it really does offer that escape, now that there’s so much institutional investment in it. It’s essentially tied to the decisions of 5 or 6 moneta

I don’t think it really does offer that escape, now that there’s so much institutional investment in it. It’s essentially tied to the decisions of 5 or 6 monetary policy committees, in the same way APPL is, because the risk free rate from the Fed or ECB is still the most significant factor in capital flows.