I think gold (and silver) is something a certain type of investor like to run to when things look particularly volatile.

Gold hit an ATH earlier in the week, then dropped on Friday, but it’s still wayyyyy up overall, as is silver. I mean, yeah, if someone bought on Thursday, then panicked on Friday, they would have lost quite a percentage.

This is not investment advice, because I’m great at getting it wrong, but I would not be surprised to see gold shoot even higher than last week’s ATH as people get more panicky with things like the AI bubble, the attack on The Fed, the constant tariff nonsense, the deep corruption and fuckery of the Donvict Crime Family when it comes to the economy overall, and so on.

I’m not sure how precious metals correlate (or not) with the AI bubble, but it might be something more obvious in the rear view mirror.