I get what you’re saying, and you’re not wrong about the world being bigger than the U.S. The key thing though isn’t population, it’s who controls the money flows. The data matters not because it reflects reality, but because the largest pools of capital trade off it. Funds, banks, pensions, and institutions that control global liquidity are using U.S. data as a sentiment and positioning tool, not as truth. That’s why it moves markets. We don’t use the data because we “believe” it. We use it to understand how capital is being guided and manipulated in the short term. Gold and metals reacting right now isn’t about faith in numbers, it’s about loss of faith in money itself. Data doesn’t move markets. Power does. Data just gives it cover.