Gold dropped almost 20% after the whole Iran situation started.

And that blows the minds of those who believe in the "safe-haven asset."

But if you think about it — it all makes sense.

Gold rises when people fear the future.
But when a real crisis hits right here and now —
it starts getting sold off.

Here's why it happened:

— the biggest buyers (Persian Gulf)
faced pressure → they need to cash out assets
— Dubai as a trading hub tanked → demand fell
— oil shot up → and that's not a "plus," it's a hit to the economy

High oil = pressure on consumption, inflation, problems across industries from aviation to AI

And at that moment the market does something simple:
it sells everything it can sell.

Gold too.

The main takeaway:

Gold — is protection from fear.
But not protection from a real liquidity crisis.

And right now the market is starting to smell exactly that...
#Gate13thAnniversaryGlobalCelebration