“Cathie Wood” Issues Warning: Gold Prices More Likely to Fall, Bubble Not in AI but in Gold

Odaily News: Renowned investor Cathie Wood posted on platform X, stating that gold prices are more likely to fall. During today's trading session, the ratio of gold's market value to the U.S. money supply (M2) reached a historical high, surpassing the peak of 1980—a year when inflation and interest rates soared to around 15%.

Furthermore, she added: "While parabolic rallies often push asset prices to heights most investors never anticipated, such astonishing surges typically occur at the end of a cycle. We believe the bubble today is not in artificial intelligence, but in gold. A strengthening U.S. dollar could burst this bubble, much like it did from 1980 to 2000, when gold prices fell by over 60%."