$XAU skyrocketed!
In August, gold directly went crazy upward, rising from just over $4,000 to $4,600. The retail store gold price also surged to more than 700 per gram!
But the focus of this post today isn’t to get everyone to chase high gold prices. It’s to explain what opportunities are hidden behind this…
Why is gold suddenly this strong? The U.S. dollar’s credibility is being questioned. On top of that, central banks around the world are frantically stockpiling gold. The key is: smart money is no longer “either-or.” In the past five days, combined inflows into gold and Bitcoin ETFs totaled $7 billion, setting a record!
Asset management giant Grayscale also weighed in: the 90-day correlation between $BTC and gold has already surged to over 50%. Their price movements are becoming increasingly similar. In the past, “big pie” tracked U.S. tech stocks—now it’s behaving more like gold, becoming a hard safe-haven asset to hedge against the erosion of value.
To put it simply: gold is rising because “money isn’t worth as much anymore,” while Bitcoin’s total supply is only 21 million, making it even rarer than gold—so the logic holds.
Now even Wall Street big shot Ray Dalio is calling for allocating to gold and Bitcoin to hedge risks. This “water tap” has already been turned on—
So don’t just stare at gold with envy. As long as the “value-depreciation trade” logic remains, Bitcoin’s catch-up is only a matter of time!
For this round, we just need to sit tight and hold on properly 😅
Do you think my analysis makes some sense? Feel free to leave a comment in the section below 🥳
#黄金暴涨 #美联储会议