Gold Is the Real Bubble, Says Ark Invest's Cathie Wood—Not AI

Gold’s rise has caught the eye of noted technology investor Cathie Wood, who says the precious metal is the real ongoing market bubble—not artificial intelligence. Wood’s remarks came Thursday as gold surged to a new all-time high above $5,600 while hitting a new record percentage of the U.S. M2 money supply in intraday trading, based on data from her investment firm Ark Invest.  “Odds are high that the gold price is heading for a fall,” Wood posted to her followers on X. “While parabolic moves often take ...