The Crisis Hedge Failure

“No matter what happens, we have to question whether either gold or crypto ‘worked’ in a true crisis,” Cramer stated. “All I saw were margin calls and people who should just play the prediction markets.”

The data backs Cramer’s skepticism.

Gold dropped as much as 27% from its January peak and is down roughly 12% since the Middle East conflict escalated in late February. 

The yellow metal just posted its longest losing streak in over a century, lasting 10 consecutive days—its worst run since February 1920.

Meanwhile, Bitcoin is holding above $70,000, but that represents a 20% decline year-to-date despite $2.5 billion in Bitcoin ETF inflows this…

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