Trivia: Due to this global geopolitical crisis, spot gold has fallen more than 26% from its peak until now. We are participating in and witnessing history. The other two plunge events were: 1. The 2008 Lehman Brothers collapse, which dropped 25% (leftmost chart) 2. S&P's historic first downgrade of the US sovereign credit rating (from AAA to AA+), which triggered a global financial market panic and the US debt crisis, with a decline of only 20%
Trivia: Due to this global geopolitical crisis, spot gold has fallen more than 26% from its peak until now. We are participating in and witnessing history. The other two plunge events were: 1. The 2008 Lehman Brothers collapse, which dropped 25% (leftmost chart) 2. S&P's historic first downgrade of the US sovereign credit rating (from AAA to AA+), which triggered a global financial market panic and the US debt crisis, with a decline of only 20%