I have a feeling that a lot of what we're seeing in the markets, i.e., crashes/corrections/you-name-it, has more to do with interest rates rising and the fact that asset prices had risen to sky-high levels over the past 10+ years and those kinds of trends never continue forever.  Prices had to come down to earth eventually.

The Russia/Ukraine conflict probably has something to do with it as well.  Oh, as far as gold not being able to break $1900, I'd say that sounds about right to me.  I'm not even sure why it's worth as much as it is these days, but what I've noticed is that investors don't seem to be flocking to precious metals when economic conditions become uncertain or unstable--at least not as much as they used to.

If I had to give a glib answer to the question posed in the thread title, I'd ask if you remember what bitcoin was selling for when the COVID pandemic hit (which seems like only yesterday).  If you use that as a point of reference, you'd probably be happy with bitcoin at $30k.