🚨GOLD SEEMS UNSTOPPABLE… AND THAT'S EXACTLY THE RISK.

Gold has risen about 85% in the last 12 months. Everyone is calling this the "new era." But history has a brutal habit of humiliating parabolic moves.

When gold rises vertically, it usually doesn't slow down politely.

1) 1980 — THE TRUE EXPLOSIVE TOP Gold entered pure mania and reached nearly $850/oz.

Fear of inflation was extreme. Buyers felt profits were "guaranteed."

Then the market broke.

What followed was not a drop… it was a reset: → 40%–60% drop → Years to recover → Late FOMO buyers were eliminated

2) 2011 — CONFIDENCE AT THE TOP, MAXIMUM PAIN Gold rose near $1,920 with perfect narratives: → Money printing

→ Debt panic

→ Talks of currency collapse

And yet, 2011–2015 delivered: → ~43% drop → Long period of "dead money"

→ Sentiment shifted from excitement to regret

3) 2020 — NOT A CRASH… IT'S A SLOW DRAIN Gold reached about $2,075.

The drop seemed "clean" compared to the past: → 20%–25% pullback until 2022

But the biggest damage was time: → Months of fluctuation

→ Momentum died

→ Opportunity cost accumulated quietly

THE PATTERN MOST PEOPLE IGNORE After big runs (like 60%–85% highs), gold typically: → Corrects 20%–40% on average

→ Moves sideways for a long time

→ Spends time "digesting" gains

And the more emotional the rise becomes… → the sharper the reset usually is.

THE REAL LESSON Gold is a long-term wealth protector.

But it is not a straight-line "up only" asset.

Parabolic phases seem like a new normal: → certainty increases

→ leverage grows

→ FOMO spikes

And this is usually the exact moment when expectations need to cool down.

Be optimistic if you want… just stay realistic.

Because when something seems guaranteed in the markets…

$XAU