Is 3,000-Plus Gold a Stock-Market Put? Retail Sales Offer Clue - Reversion potential in risk assets that get too stretched could be in part what #gold at about 3,000 an ounce is sniffing out. Weak inflation-adjusted retail sales -- despite the massive #stockmarket wealth effect -- and potential for peak #Bitcoin may provide clues. Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/stbde7t0afb4 {BI COMD} #commodities #macroeconomics @BBGIntelligence