Gold is extremely attractive now because rising market fear could make it a great hedge. It has fallen nearly 30% from its January all-time high and returned to the accumulation zone. If this level holds, expect a bounce soon. x.com 

Gold should weather an AI-driven tech bubble collapse over the long term because that would likely take rate hikes off the table and bring Fed rate cuts and another round of massive QE. A collapse in Apple and the wider bubble could cause short-term liquidation pressure in gold, but that would be a buying opportunity. x.com 

Gold is hard to hold at a 0% yield while interest rates keep rising. @Mr_Derivatives notes gold's 3.93% drop at the close was the fifth-worst drawdown of the year, driven by rates. x.com 

Gold stands to benefit if a tech drawdown keeps the Fed from hiking, weakening the dollar and lowering real rates. With the economy and index reliant on more than 40 AI names, that is the setup gold has awaited since January. x.com 

Oil, diversified commodities and gold are true diversifiers that far too few investors hold, while nearly everyone holds bonds, down 1% this year. Year to date oil is up 80%, diversified commodities 23%, managed futures 7%, global macro 5% and gold 5%. A balanced investor could allocate roughly 10% each to diversified commodities and gold. x.com  x.com 

There is no reason to hold gold. x.com 

Gold looks like the safest place to go defensive now. Geopolitics are bad, the market is losing key support, inflation will be hard to avoid and rate cuts are less likely. Gold has had a breather and is back on support, while trends look broken on many other assets and do not reverse easily. Returns may not be the best, but this is a time when safety matters more. x.com 

Central-bank gold accumulation may be an early warning of inflation, adding to gold's reserve-demand case. Gold's share of non-US central-bank reserves has risen to 24%; the last comparable surge preceded double-digit inflation. Inflation is nowhere near that level today, but central banks buying about 1,000 tonnes a year suggest they do not consider it settled and see debt rising. x.com  x.com  x.com  x.com 

Gold tends to perform poorly when liquidity contracts, while it performs best during recoveries. Gold looks likely to fall next year. x.com  x.com 

Gold has swung from overbought to oversold, making gold-related exposure a good place to start deploying capital. Last week gold fell 10% as Brent jumped 9% to $112 on the Iran war and hawkish central banks lifted yields; losses on stocks, bonds and metals at once usually signal forced deleveraging near a short-term bottom. Only 18% of tracked technical metrics were oversold against a ~50% bottom threshold, though escalation could push it there, and little good news on Iran could spark a rally. … Show more