Feeling sorry for yourself as gold tanks? Not much of a 'safe haven' is it, but goldbugs woulds still be saying that if the gold price was $200?
No matter what happens gold must go up - right? Maybe you should read The 12 Golden Rules....
Rule No. 8
"Never admit that gold is essentially a sucker's bet: Never discuss how in the last century gold has run up only to be trounced in repeated massive selloffs (always blame Rule #2 for this). Do not discuss how this happened in 1915-1920, 1941, 1947, 1951-66, 1981, 1983-1985, 1987-2000, 2012-2019 and 2020 -.
(Rule No. 2)
(The price of gold cannot fall, it can only be manipulated lower: When the gold price falls it's an unnatural act. It can only fall as a result of an international cabal of central bankers and politicians. It's a conspiracy, and we know who the guilty parties are.)
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