Store-of-value assets are falling across the board, with gold, silver, and Bitcoin all plunging simultaneously

These three assets usually have little correlation, but they share a common label: store-of-value assets that hedge against fiat currency depreciation
When all three collapse at the same time, the market is actually saying one thing: the devaluation trade logic has fallen apart
Gold broke below $4,000 intraday today, with an annual high of $5,586, now at $4,103, down roughly 28% from its peak
Silver is even worse, having plunged over 50% from its peak to below $59
$BTC now $60,212 $ETH $1,574, with funding rate near zero

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