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Historic Peak Drop: Gold's Pattern of 70% Decline After ATHs
It is simply stated that after each all-time high, such as those seen in 2013, 2017, and 2021, a drop of about 70% occurred afterwards. This is not a safe haven for me. Especially not as a store of value if personal wealth decreases by 70% according to book value. Q.E.D.
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AI Analysis
Analyzing the pattern of gold prices over recent years reveals a recurring trend where each major peak has been followed by a significant downturn, roughly around 70%. In 2013, gold hit a peak before ...
AI Recommendation
Given these historical patterns, it is advisable to exercise caution when considering gold as a safe haven or a long-term store of value. Investors should diversify their portfolios to mitigate the ri...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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