Kerry Lutz's Financial Survival Network Substack

Kerry Lutz's Financial Survival Network Substack

CNBC’s Latest Gold Story Reveals a Fundamental Misunderstanding of Markets

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Kerry Lutz
Jun 26, 2026
∙ Paid

Every so often I read a financial headline that makes me stop and wonder whether the author has ever actually spent time around professional traders.

This week it was CNBC’s assertion that “traders bet the pain may last for two more years.”

Really? Two years? That’s not how traders think.

Let’s start with a simple distinction that financial television ofte…

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