Zoom out those graphs lol. Precious metals are very clearly a bubble right now, and international stocks are mostly finally catching up to US pandemic recovery. The stock market situation is a little more complicated because major US stock indices are extremely top-heavy with AI stocks right now and being influenced by the AI bubble, but this narrative is not particularly accurate. Neither are Bondi’s absurd ramblings.
Oh look, our stock gains are basically 0 compared to the Euro…and very negative compared to gold. Way to go stock market propped up by AI bubble!
Zoom out those graphs lol. Precious metals are very clearly a bubble right now, and international stocks are mostly finally catching up to US pandemic recovery. The stock market situation is a little more complicated because major US stock indices are extremely top-heavy with AI stocks right now and being influenced by the AI bubble, but this narrative is not particularly accurate. Neither are Bondi’s absurd ramblings.
Zoomed out, it looks like we’re in a financial crisis.
Precious metals prices correlate negatively with stability. The crazier things are, the higher they go.
To think it’s currently a bubble is very optimistic. I think this chaos is going to be around for a while.
You could make so many toilets out of that gold.