Gold's sharp plunge is a foreseen correction; now is the opportunity to invest in gold at a cheap price, 'It will eventually rise this high' | Stakers CEO Cho Gyu-won

Summary

Gold and silver specialist Cho Gyu-won, CEO of Stakers, discusses the sharp recent selloff in precious metals, attributing it to leveraged liquidation and renewed strong-dollar fears. He argues the 2026 gold correction is a normal mid-cycle event within a 2019-2030 bull cycle, supported by central-bank buying and de-dollarization. He recommends accumulating gold, using cost-efficient gold vehicles such as ETFs or the KRX gold market, keeping about 10% of a portfolio in gold, and considering a rotation from some gold into silver.

• Gold and silver fell sharply, with silver down more and leverage liquidation accelerating the decline.
• Cho Gyu-won views the 2026 correction as a normal mid-cycle pullback in a longer gold upcycle.
• Central banks, especially in China and Europe, continue to increase gold reserves amid de-dollarization.
• The Bank of Korea is considering gold purchases after 13 years, though Cho prefers physical gold over ETF holdings for reserves.
• Retail implementation ideas include gold ETFs, the KRX gold market, and a roughly 10% gold portfolio allocation.
• Cho suggests investors already holding gold could shift some exposure to silver.
• Kevin Warsh's nomination and possible dollar strength are discussed as risks, but Cho questions the hawkish read.