When equity markets perform strongly (like during the Magnificent Seven rally), investors do not feel the need to diversify or hedge with gold; they simply buy more of the assets going up, which explains why Western gold demand was weak in recent years.

causalpending

Speaker

John Reed

Evidence Quote

When when equity markets are performing really strongly in the US, people don't think they need to diversify. They don't need protection. They don't need to spend money on a hedge. They just need to buy more of the stuff that's going up a lot.

Source

Europe Is Cracking – Gold Demand Explodes, What Comes After the Crash? | John ReadeSoar Financially
Created: 8/11/2026, 6:47:47 AM

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