Gold is Booming - But History Says Be Careful

Gold’s recent surge has captured everyone’s attention, showing up in headlines, commercials, and conversations everywhere. But while the move has been impressive, history reminds us that parabolic runs often end painfully for those who crowd in late. Many investors see gold as a safe haven or inflation hedge, yet past cycles show that even “safe” assets can be highly volatile. The lesson: when sentiment turns euphoric, caution becomes more valuable than confidence.

Meanwhile, the broader market continues to hold near its highs, supported by strong corporate profits and a resilient economy. Even with seasonal headwinds and slower job growth, stocks have moved higher, and falling interest rates could provide a tailwind for housing and spending. In this update, we break down what’s driving both the gold rush and the stock market’s strength — and what investors should be watching as the year closes out.