🪙 Is Gold the New Risk Asset?

For 50 years gold was the one thing you hold when everything else falls apart. Central banks loaded up. Portfolios treated it as insurance. By 2025 it peaked above $2,800.

March 2026: Gold down 22% from its high. Biggest weekly drop since 1983. Officially in bear market territory. Meanwhile BTC sits at $70K, barely flinching. Fear & Greed index at 8, and the "risky" asset is the one holding the floor.

The twist that breaks the thesis: gold is replaying the same script that bonds did in 2022. The "safe" asset repricing violently while the "risky" one absorbs the shock.

The safe haven isn't a metal anymore. It's math.

Tracking the shift at Choise.ai ✨