I've discovered that many people around me have an iron-like obsession with gold. I even overheard two girls on the high-speed train discussing gold, saying that since it dropped, they'll keep dollar-cost averaging, and it will definitely rise back up eventually. While dollar-cost averaging is reasonable, the problem is they're doing it at high prices 🤔. I have a feeling this wave of gold is going to trap a lot of people.

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