Gold Suffers Biggest Weekly Drop in 43 Years: Why Did This Safe-Haven Asset Fall First? [Plain Language Summary] The Middle East conflict has blocked the Strait of Hormuz, oil prices surged to $114, the specter of stagflation has reappeared, the Fed's dream of interest rate cuts has been shattered, and expectations of rate hikes have surged. Gold, the king of safe-haven assets, plummeted 10.24% in a single week, hitting $4,100 intraday, marking its worst performance in 43 years. Three reasons: soaring US Treasury yields raising opportunity costs, sovereign wealth fund sales by Middle Eastern oil-producing countries, and gold becoming the "ultimate cash cow" amid a liquidity crisis. Bitcoin awkwardly followed suit, as the $2 trillion in credit raised triggered a minefield. The conclusion in one sentence: In the face of a real crisis, there are no safe-haven assets, only liquidity. For details, please see: hellobtc.com/kp/du/03/6263.htm...…