GOLD UPDATE – READ THIS CLOSELY

Last week was, without question, one of the ugliest weeks I’ve ever seen for gold investors.

Gold dropped $520 per ounce in a matter of days… closing the week around $4,492 on massive trading volume.

Let me break down what’s really going on—because this is where most people get it wrong.

⚠️ Why Gold Dropped (Even With Global Chaos)

We’ve got serious geopolitical tension right now.

Energy infrastructure is being hit across key oil-producing nations, and with the Strait of Hormuz effectively disrupted, energy prices are spiking fast. That creates ripple effects across the entire global economy.

Normally, this kind of situation sends gold straight up.

But this time is different.

  • Rising energy costs → inflation pressure
  • PPI just jumped → interest rate fears
  • Stronger U.S. dollar (short-term)
  • Gold is highly liquid → investors sold it to raise cash

That combination triggered forced selling, not a lack of demand.

 The Bigger Concern Nobody Is Talking About

Countries like Saudi Arabia, UAE, Qatar, Kuwait—major gold buyers—are now facing massive rebuilding costs.

That means two things:

  1. Less gold buying moving forward
  2. Possible central bank gold sales to raise capital

I would not be surprised at all if we soon hear that a major central bank was a seller during this drop.

On top of that, global central bank gold buying has already slowed compared to 2025 levels. Military spending is taking priority.

 Where We Are Now

Gold started 2026 around $4,325.

Overnight, I was watching the markets in Asia and Europe—gold traded in a wild range between $4,098 and $4,535.

By the time the U.S. opened, it was hovering around $4,400.

 That kind of volatility is not normal… and in my experience, it usually signals a bottom forming.

 My Take (This Is Important)

I believe this is a major correction—not the end of the bull market.

Nothing has changed long term:

  • U.S. debt is still exploding
  • Currency pressure is still building
  • Global instability is increasing

If anything, those factors are getting worse—not better.

 Bottom Line

This is the kind of market that shakes people out right before the next move higher.

In my opinion:

 This is one of the best buying opportunities we’ve seen in years.

Not financial advice—but if you’ve been waiting for a pullback…

This is it.