Matthew Piepenburg: Gold's biggest fire sale in 43 years highlights perception vs. opportunity

By Matthew Piepenburg Von Greyerz / Gold Switzerland, Zurich Sunday, March 22, 2026 If you are new to gold, or if you are a speculator in gold (or even worse, a levered speculator in gold), you are likely asking yourselves what in the "H. E. double toothpicks" just happened to gold? It lost over 9% in the futures market in a single session and saw its worst week of price declines since February 1983. ... Dispatch continues below ... ... ADVERTISEMENT ... USA Gold: Coins and Bullion Since 1973 USAGold, well known for its internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business. Please call 1-800-869-5115x100 and ask for the trading desk, or visit: http://www.USAGold.com USAGold: Great prices, quick delivery -- all the time. What gives? Gold loves chaos, and isn’t the current war, whatever you think of it, pure chaos? And what about gold-loving oil shocks, as we and others have often written and spoken? And what about gold as an anti-inflation asset? Shouldn't gold be ripping north in a world careening under the weight of oil-driven "everything" and "everywhere" inflation? All fair questions to say the least. But if, like us, you hold physical gold (that rising, strategic Tier-1 reserve asset) as a superior store of value over any paper currency system, including King Dollar, then the facts below will seem far less like an "apology" for the metal's longer-term horizon. ... ... For the remainder of the analysis: https://vongreyerz.gold/golds-biggest-fire-sale-in-43-years-perception-vs-opportunity * * * Support GATA by purchasing Stuart Englert's "Rigged" "Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon: https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1 * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 Donations of US$500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work: https://www.gata.org/sites/default/files/GATA-silver-round-front.png