{"id":54154,"date":"2025-10-22T09:48:58","date_gmt":"2025-10-22T09:48:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=54154"},"modified":"2025-10-22T09:48:58","modified_gmt":"2025-10-22T09:48:58","slug":"gold-price-drop-why-is-gold-rugging-like-a-shtcoin-on-the-solana-network","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=54154","title":{"rendered":"Gold Price Drop? Why Is Gold Rugging Like a Sh*tcoin On The Solana Network?"},"content":{"rendered":"
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Can we get a crypto pump, por favor? Meanwhile, precious metals have hit all-time highs recently, and we\u2019re finally seeing a new gold price drop. If all your TA brought you to this, what was the point of the TA? Might as well just flip a coin.<\/p>\n

Spot gold plunged 6.3% on Tuesday to around $4,090 per ounce, while silver fell nearly 9%, as traders dumped positions after technical indicators signaled that the rally had gone too far, too fast.<\/p>\n

So what\u2019s going on with gold<\/a>, and is this a larger indicator that we\u2019re going into a global economic recession<\/a>?<\/p>\n

Gold Price Drop? Profit-Taking Ends a Historic Bullion Surge<\/h2>\n
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(Source: TradingView<\/a>)<\/figcaption><\/figure>\n

Sorry, I sold when I realized outside of coins, bullion, and jewelry, there isn\u2019t much practical use for gold in the modern world. Maybe fake teeth?<\/p>\n

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  • Gold crashes 5% in a single day<\/li>\n
  • Can\u2019t even buy coffee<\/a> with it<\/li>\n<\/ul>\n

    What\u2019s the point of this again? It\u2019s clearly not a store of value or a currency.<\/p>\n

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    \u201cA drop of more than 5% is rare,\u201d said Alexander Stahel, a Swiss resources investor. \u201cIn theory, it would be once in hundreds of thousands of trading days.\u201d<\/p>\n<\/blockquote>\n

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    BREAKING: Spot gold prices extend their decline to over -6% on the day, now on track for the biggest daily decline since April 2013.<\/p>\n

    The long overdue gold pullback has finally arrived. pic.twitter.com\/xPEKXvF2Lm<\/a><\/p>\n

    \u2014 The Kobeissi Letter (@KobeissiLetter) October 21, 2025<\/a><\/p>\n<\/blockquote>\n