This is absolutely insane: Gold just posted its largest daily swing in market cap in history, at $5.5 TRILLION. Between 9:30 AM ET and 10:25 AM ET, gold lost -$3.2 trillion in market cap, or -$58 billion PER MINUTE. Then, between 10:25 AM ET and 4:00 PM ET, gold added back +$2.3 trillion. That's over 3 TIMES the market cap of Bitcoin swung in 6.5 hours, or ~$850 billion per hour. We are witnessing one of the most historic trading opportunities of all time. Gold's volatility is above 2008 levels.(The Kobeissi Letter)