• markovs_gun@lemmy.world
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    5 days ago

    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.

    • surewhynotlem@lemmy.world
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      5 days ago

      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.