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Gold has evaporated about $2.3 trillion in a single day.
Last night I pressed my calculator,
from the peak on March 1,
the total evaporation of gold has approached $10 trillion,
a drop of 25%,
if we simply look at the gold price chart,
this is not just a correction,
it has truly entered a "technical bear market."
$10 trillion,
it has really dropped too much,
this is equivalent to evaporating about two times Japan's GDP.

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