Gold is being driven by inflation (like everything else), in an effort to hedge

Gold is being driven by inflation (like everything else), in an effort to hedge against the coming correction (as usual). It’s getting almost impossible to protect asset value except by seeking momentum in financial markets in order to stave off losses. That capacity to do so is and will continue to evaporate.

I’ve been surprised the tech sector prolonged the illusion as long as it has, when the rest of the economy without that sector looks pretty depressing. As someone who built tech companies, I’m glad I made my money in tech when I did. 😉

Reply addressees: @junkodama10