this post was submitted on 11 Mar 2025
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[โ€“] friedmag@lemmy.ml 1 points 2 days ago (1 children)

Is this really a cycle? The interesting thing to me is, as others have pointed out, it's mostly dropped right along with the stock market. Not looking so much like an uncorrelated asset.

It is uncorrelated to the stock market.

What it's not uncorrelated to is the chaos of the Trump presidency.