deutsche bank: an AI crash could take the dollar down with it, and gold is dumping too

deutsche bank strategist george saravelos warns that a us-led tech selloff could push stocks and the dollar lower at the same time. foreign investors hold over $20 trillion in us equities, roughly 90% of that value from price gains, so a drop could trigger more currency hedging. spot gold is also down 3% to $3,908.13 an ounce. it fits the running ai-bubble worry, intel's record crash, and the binance hack bleeding crypto. gold and silver are at their lowest since november. the usual shelters are being sold together.