Can someone smarter than me answer this? Did the $3 trillion drop in gold’s market cap move into other assets, or was it just a lack of buyers at the price?
Or both?
I guess what I’m asking is, did the full $3 trillion actually “move” or did only a smaller portion (say $500 billion) move, while the remaining $2.5 trillion simply disappeared because there weren’t buyers? #gold #money #bitcoin #market
