Gold at $4,629 Signals a Fragmentation Trade, Not Fear
Gold just breached $4,628—up 1.84% today and notching another record high—while the VIX tumbled 8.24% to 17.26 and the S&P 500 climbed 0.78%. That combination breaks the classic fear-trade playbook. When safe havens rally alongside equities and volatility collapses, you’re not watching panic buying. You’re watching structural diversification away from dollar-denominated assets in a world … Read more