this post was submitted on 03 Feb 2026
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It's at the price it was 2 weeks ago. I'm sure lots of gamblers are distraught that it didn't keep rallying, but it absolutely doesn't affect real people
Yeah whenever there is news like this you always have to go and check the 1y or even 5y trend. It looks like gold is already rebounding from this...
Unless they're planning on buying marriage rings, then this should positively affect them (with a slightly lower, though still absurdly high price)
real gamblers love a drop, that's when you can finally get good entry. the more the lines go up without any downturn the bigger the next crash will be, there's no such thing as a soft landing.
look back at the price of anything big back in april...that gap will be filled sometime within the next 3-4 years