gold

Further investigation by the SIT has revealed pilferage also from the pedestals and door frames and the court says that approximately 4.54kg gold has gone missing since 2019.

The “perfect” gold bull market environment has been eroded by recent Fed rate cut ambiguities, central bank and Chinese retail buying worries, the head of Commodity Strategy says.

“People are in the gold trade, people are in the uranium trade, people are in the quantum computing trade, people are in the small-cap trade,” said Ram Ahluwalia, chief investment officer at Lumida Wealth.

Add in the sky-high valuations of tech stocks, ongoing discussions of a bubble in artificial intelligence, and speculative fever in gold and Bitcoin and some would argue you have a recipe for correction.

But the “companies are just better” excuse starts to wear thin when the gold standard of valuation enters the discussion.