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June 10th — in the financial markets, the toughest asset is gold.
Come take a look at gold: it’s gone from 1250 to 900.
1250-900 = 350/1200 = 30%
In five months, gold has fallen by -30%.
This is gold—hundreds of trillions of US dollars’ worth of gold.
It has fallen by -30%—it has wiped out several times the total market cap of Bitcoin.
Now, who still thinks this bull market is that bull market?