BIS Is Crying Bubble—But They're Wrong About Gold The Bank for International Settlements (BIS)—often dubbed the "central bank of central banks"—just issued a warning that both gold and U.S. equities are in bubble territory. Now, I’ll be the first to admit: I don’t trust central banks to call bubbles. They create them. So when they start wagging their finger at gold—of all things—you know it’s time to take a closer look. Let’s break down what they said, what they got right, and where they’ve completely missed the mark. Yes, Retail Investors Are Active—That’s a Good Thing The BIS is worried that retail investors are driving the surge in gold and equities, warning about "herd behavior" and fear-of-missing-out (FOMO). But let's…
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