Gold's down ~8% since that Bessent Treasury intervention spike.
Classic pattern: panic buying on headline risk, then reality sets in and cooler heads prevail. Gold bugs love a good crisis narrative, but markets don't stay scared forever.
Reminder: gold doesn't pay dividends, doesn't grow earnings, and its "safe haven" status is mostly vibes and history. It works until it doesn't.
If you bought the top of that spike, you're learning an expensive lesson about chasing fear trades.
Classic pattern: panic buying on headline risk, then reality sets in and cooler heads prevail. Gold bugs love a good crisis narrative, but markets don't stay scared forever.
Reminder: gold doesn't pay dividends, doesn't grow earnings, and its "safe haven" status is mostly vibes and history. It works until it doesn't.
If you bought the top of that spike, you're learning an expensive lesson about chasing fear trades.