Market Trends & Investment Opportunities - Equity market's risk appetite surge may favor momentum-fueled assets, potentially halting gold's rally since November 2022 [1] - Gold's appeal as a safe haven diminishes with rising stock prices driven by optimism and capital flows [1] - Equities signaling economic strength and deflation could create headwinds for gold's extended rally fueled by economic uncertainty and inflation fears [1] Risk Factors & Mitigation - Persistent risk-on sentiment in equity markets could pressure gold's long bullish trend [2] - Gold's role as a portfolio diversifier could limit downside risks if uncertainties linger [2] - Long-term demand from central banks and geopolitical concerns could provide a floor to gold's price [2] Monetary Policy Impact - Federal Reserve's continued focus on rate cuts could limit downside risks for gold [2]

So, what does this move away from the traditional safe haven asset tell you about where the market is heading, Tim. Well, if they're if they're vacating Treasury assets, you'd think yields would be higher. So, I mean, I think some of that is is somewhat conflicting, but I I think the the the confluence of ECB last week getting out there saying, "Hey, I think we're done in the short term, even though inflation is a little sticky. It's kind of not moving anywhere." And I think at this point, their doubbishnes ...