From an emotional perspective, yesterday might just have been the peak of this gold bull market. Almost every group was talking about gold yesterday—it was the most discussed day ever. Memes were flying everywhere, and last weekend, I even overheard four different people on the same street talking about gold and silver while grabbing a late-night snack. Add to that the suspension of LOF subscriptions, major exchanges significantly raising margin requirements, and retail investors offline ignoring the price differences of over a dozen points when buying and selling—this really feels like the signal of peak hype.