Cathie Wood Warns The Real Bubble Is Gold As Robin Brooks Exposes 'Bogus' Central Bank Buying Myth - SPDR Gold Shares (ARCA:GLD)
Benzinga·2026-01-30 07:37
The investment world is facing a stark warning as ARK Invest's Cathie Wood and former IIF Chief Economist Robin Brooks signal that the historic rally in gold is a speculative bubble nearing its breaking point.The 1934 SignalWood argues that gold's recent ascent is not a reflection of economic stability, but a “parabolic move” typical of a cycle’s end. She notes that the market cap of gold as a percent of the U.S. money supply (M2) has reached levels not seen since the Great Depression."The ratio of gold to ...