Check that read the chart wrong, $7 or sideways.
Discussion
$7 makes a lot more sense
I saw 7% on gold and was like holy shit - not only would that not make sense, but -7% for an asset like gold (over 10T market cap and 1000s of years of price discovery) would have been insane
The only -7% moves gold will be experiencing are against Bitcoin (superior money) not against the dollar. Even as shitty as gold has become as a poor unit of account, medium of exchange, and even store of value due to paper gold, it’s still going to infinity against pieces of paper
Yea when I reread it just after posting I thought this doesn't feel right.