Gold Selloff Resumes on Fears Of Extended War in Iran

This selloff makes zero sense from a fundamentals perspective. Geopolitical tensions should drive safe haven demand, not selling pressure. What we're seeing is paper gold manipulation while physical premiums stay elevated. The COMEX is bleeding registered inventory and central banks keep accumulating. When institutional money finally wakes up to the supply crunch, this dip will look like a gift. Smart stackers know extended Middle East conflict means currency debasement and supply chain disruptions. Both are bullish for metals. The market is pricing in peace when it should be pricing in monetary chaos. Use this weakness to add ounces.