Since markets opened on the Iran war (3/2):
š Bitcoin: +6.7%
š” Gold: -0.4% (gave back its entire spike)
š S&P 500: -1.5%
š¦ 10Y Bonds: SOLD OFF (+17bps)
Gold spiked, then faded. Bonds failed completely.
Bitcoin is the only war trade that actually worked.
Flight to safety is being redefined in real time. š¦”
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