How is GB/GLD generally pegged so badly with mrkt flirting with recession.
> old poor got old money scared?
Doubt it’ll boom… or can it?
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gold is uncorrelated to the market. people just expect it to be an inflation hedge because it coincided in the past.
[Gold Reserve Act. It gives the government legal authority to manipulate the futures market.](https://www.moneymetals.com/news/2021/02/17/gold-market-manipulation-2021-1-002226)
We all like to get pegged