I. The True Reason Behind the US Stock/Gold Crash (Core) - Oil Price Surge → Passive Liquidity Contraction: Skyrocketing oil prices cause the real energy sector to occupy more capital, draining liquidity from financial markets, passively raising real interest rates, directly suppressing US stocks, gold, and crypto. - Contractionary Inflation + Fed Dare Not Cut Rates: High oil prices push inflation higher, forcing the Federal Reserve to maintain high rates or even refrain from rate cuts, further raising real interest rates, continuously suppressing the three asset classes. - Asset-Linked Collap