Gold in bitcoin is a meme. Everything is going to zero against bitcoin and so if you own gold, you are short bitcoin. Just like owning chairs. Any moment everyone will realise that bitcoin is the one true money and instantly. like through the Noah Effect. At that moment will become the borderline worthless commodity it deserves to be, a shiny rock. I'm not so sure.
With the latest international government disputes overheating, hopefully conflicts can be kept to just a full scale currency war from here. It is scary to see that in addition to war they will do almost anything financially to get at each other. So I think the currency wars are now starting full engagement. This means that all financial weapons will be used, no holds bared and all tools these simultaneously. We have seen this with the national asset forfeiture, sanctions and counter asset confiscations etc. Price manipulation will be ramped up, that's obligatory. The more things that can be done at once the better, and it gets complex.
Though bitcoin is going to be the fastest and most powerful refuge here, I have a feeling that it will be volatile and that gold is going to still have a few strong moments before we make the transition that bitcoiners dream of. It's going to be a war fought on many fronts and at least this part of it is going to be long. Altcoins and CBDC's will come into it. It's going to be carnage, limit ups and also painful emotional downs. The next few years we have got to see gains in all these areas as printed money looses its lustre waisted on conflict. Gold I think will be a major front in this financial war. At the moment it's controlled, the front isn't moving that much, but this will have to break at some point. I think this could move a lot at a point when governments decide they have to try to control bitcoin prices instead. It is going to be difficult to predict.
This is why I am still happy with my strategy on etoro with a little bit of diversification and a lot of exposure to gold. Purists might rip into me but for initiated copiers I think a little balance is the way to go to help reduce the swings and reduce the fear.
Get ready, secure your keys, stay private and stay humble. We may need to move fast or hide to stay out of the way. I'm pretty sure this roller coaster is going to get wild on a whole new level. Maybe gold can level out this roller coaster, it feels like it's getting dangerous.
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