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to branch off of what @AlanMCole is saying, I've bumped into a huge number of people who are pattern matching Black Rock etc to other narratives...none of which actually applies.
One is "these billionaires are doing this", but ... the funds are mostly PENSION funds, so >
speculation doesn't raise prices, it just captures expected future demand
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is it speculation if foreigners buy it, or is it a bolt-hole in case they need to flee the regime?
End of conversation
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