--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/39443437.md" description: "From a statistical probability perspective, a gold price drop of this magnitude only occurs once in hundreds of thousands of years. However, it's important to know that since the 1970s, such single-day low-probability drops of over 6% have happened more than 20 times, so it's not a "safe asset."The experience of holding gold is not good; it often capitalizes on panic and greed. Because gold doesn't have intrinsic cash flow like a business, its value comes from "faith" and a "consensus of fear."Why, when you really need so-called safety, does gold fail to provide it? Below is a comprehensive assessment to evaluate whether you are suitable for investing in gold." datetime: "2026-03-23T08:38:57.000Z" locales: - [en](https://longbridge.com/en/topics/39443437.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39443437.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39443437.md) author: "[浩浩小课堂](https://longbridge.com/en/profiles/19784218.md)" --- # From a statistical probability perspective, a gold… ### Related Stocks - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [07299.HK](https://longbridge.com/en/quote/07299.HK.md)