Gold’s Pause Just Lit Bitcoin’s Fuse

Gold Is Catching Its Breath – That Means Bitcoin’s About to Catch Fire

Gold is the hottest commodity on the planet right now.

Just last week, crowds in Australia were lining up around the block to buy gold and silver bars – like it was 1979 all over again.

I wasn’t born in the 1970s. But I’ve heard the stories – families struggling with sky-high prices, savings wiped out by inflation, markets in chaos.

It was a dark time for most investors… except those who owned gold. That’s when the yellow metal went from a forgotten relic to the decade’s top-performing asset.

Gold prices rose from $135 per ounce in 1977 to a high of $850 per ounce in 1980 – a 529% move higher in less than three years.

I’m a student of history.

So when the bottom fell out of the economy during the early days of the pandemic, I followed the same playbook I’d read about countless times.

As you may recall, in early 2020, the world was shutting down. Markets were in freefall. My friends were terrified about their jobs and their savings.

But instead of panicking, I turned to what I believed was the safest trade on the board: gold.

It turned out to be one of the best decisions I ever made.

From March-August 2020, gold soared as much as 43%. The VanEck Gold Miners ETF (GDX) went up as much as 180%. That’s more than a 4x greater return over the same time.

For a few months, it felt like I could do no wrong. I booked seven triple-digit winners in under 30 days on gold and silver miners.

But then something changed…

By late summer of that year, the mood began to shift. The world realized the lockdowns wouldn’t last forever. The panic faded. And all that safe-haven money sitting in gold started looking for a new home – something with more upside.

That’s when I rotated out of gold and into bitcoin and Ethereum.

I went all in. And that decision changed my life.

A year later, bitcoin exploded from $5,400 to $65,000 and Ethereum from $400 to $4,400. That translates to gains of 1,085% and 1,000% in under a year.

Those weren’t just good trades – they were life-changing trades. It would take you an average of 26 years to make those types of returns from the S&P 500.

Here’s why I’m telling you this story…

I believe we’re about to see a similar rotation out of gold and metals… and into bitcoin and altcoins again.

And the initial spark that sets it all off won’t come from Wall Street or Silicon Valley. It’ll come from a single decision made behind closed doors this week… and I believe it will send shockwaves through a small corner of the crypto market.

Gold Is a Reliable Indicator for Bitcoin