TheSaturdayAnalyst2 min read·Just now--
This has only happened 4 times in 50 years.
It just happened again ⏩
Gold has only dropped 25% 4 times in the last 50 years, and it just did again. Here's what usually happens next.
Gold dropping 25% during a major global crisis has only happened 4 times in the last 50 years.
1973: OPEC oil embargo. Gold fell 29%.
1978: Iranian revolution. Gold fell 25%.
2008: Financial crisis. Gold fell 34%.
2026: Iran war. Gold fell 25%.
Every single time gold gave this signal, what followed was an explosive rally.
1973: +117% in 15 months.
1978: +300% in 12 months.
2008: +180% over 3 years.
Gold bottomed at $4,200 on March 23r, and it's already back above $4,700.
Every time gold crashes during a crisis, it signals the financial system is under stress. And the people in charge always respond the same way... print money.
When money is printed, it moves through the economy in 4 waves:
Wave 1: Gold & commodities move first
Wave 2: The dollar weakens
Wave 3: Hard assets reprice
Wave 4: Risk assets run
We're at the First Wave right now.
Central banks bought 800+ tons of gold last year. China has been buying for 15 straight months despite record high gold prices. The sequence has started.
They will have to print sooner or later.
⚠️ Disclaimer: All content published in this newsletter is for educational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.