Recently, the most discussed question is: the war is still ongoing, so why has gold dropped? The answer is quite simple, there is only one main contradiction in the current market: oil and gas prices. So every night, I boldly categorize assets into two types: war-related (oil and gas) and non-war-related. The first type bets on the war not ending, while the second type bets on the market recovering. After categorizing, you'll find that gold is a secondary contradiction in this market. The surge in oil and gas has absorbed all attention and funds, under the seesaw effect of the market, gold has instead been hammered down. Just because the war hasn't ended, does that mean gold should rise? Not necessarily. The market only trades one main contradiction at a time, and right now, that contradiction is oil and gas, not gold.