Gold at $4,000 vs. $5,500: A Perfect Illustration of Investor FOMO

A market cartoon captures a familiar investing paradox: almost nobody wants to buy gold at $4,000, but a huge crowd lines up when the price reaches $5,500.
The illustration highlights how investor interest often increases after substantial price appreciation, when an asset has already attracted widespread attention and strong momentum.
This behavior reflects fear of missing out, or FOMO, which can encourage investors to chase rising prices rather than evaluate valuations, risk and long-term fundamentals.
The $4,000 and $5,500 figures are used as reference points in the cartoon, not independently verified live gold prices. The broader message is that growing popularity does not necessarily mean an investment has become more attractive.