Gold prices break $4,000 as investors brace for crucial test - TheStreet
Gold prices break $4,000 as investors brace for crucial test - TheStreet
Source: TheStreet
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DW NOTE
Gold is down 24.6% from its January high of $5,318. The headline says it broke $4,000 — yes, downward. When a parabolic asset gives back a quarter of its gains in nine months while the Strait of Hormuz is still closed and oil is at $116, that's not a test of investor nerve, that's a repricing of hysteria.