Gold Makes Longest Losing Streak in 3 Decades - BullionVault
Gold Makes Longest Losing Streak in 3 Decades - BullionVault
Source: BullionVault
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DW NOTE
Gold is down 21% from its January high while the Strait of Hormuz remains closed, oil has doubled in a year, and the Fed is pricing in a coin-flip rate hike. In a normal crisis, gold rallies. In a liquidity crisis, everything sells — even the safe haven — because someone, somewhere, needs dollars more than they need insurance.