The flash crash of gold prices, US stocks, and crypto is actually very easy to understand: 1. The flash crash of U.S. stocks and crypto is common sense due to the safe-haven demand for funds brought about by extreme factors such as war expectations2. Gold was supposed to rise, but during this time it has moved away from fundamentals and into emotions, and in the "extreme risk aversion" scenario, it is also very logical that some main players want to cash out at a high level (or need to cover the margin of other assets).

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