Investment Analysis
Why gold disappoints when certainty is expected
Why gold disappoints when certainty is expected
In periods of acute uncertainty, the immediate priority is not safety but liquidity. Investors do not calmly reallocate capital towards assets perceived as stable; they seek access to cash, often by selling what can be sold quickly and in size. Gold, as one of the most liquid assets in global markets, frequently becomes a source of funds rather than a destination for them.
David Russell
Sun, 03/29/2026 - 10:55
Why gold disappoints when certainty is expected
In periods of acute uncertainty, the immediate priority is not safety but liquidity. Investors do not calmly reallocate capital towards assets perceived as stable; they seek access to cash, often by selling what can be sold quickly and in size. Gold, as one of the most liquid assets in global markets, frequently becomes a source of funds rather than a destination for them.
David Russell
Sun, 03/29/2026 - 10:55
Topics: goldliquidityuncertainty