Gold rebounded strongly, and the central bank increased its holdings by more than 1,000 tons! What does this mean for the crypto market?

$20 Trillion Gold Forecast: A few hours ago, one of our biggest predictions for 2024 became a reality: the gold price has broken through a historic high, reaching $3,000/ounce! In just 13 months, the gold market capitalization has surged by $7 trillion, reaching a record-breaking total of $20 trillion. How did we get to this point? Gold is now a $20.2 trillion asset, the most valuable single asset globally. If we add up the remaining 9 assets in the top 10 global assets, their total market value is only $19.6 trillion. Gold's value exceeds the sum of the remaining top 10 assets! In mid-2024, we began predicting a major breakout in the gold price and continuously raised our target price. By September 2024, we were confident that gold would surge past $3,000. The first sign was gold's unprecedented strength - it continued to rise despite rising interest rates and a strong . We focused on the relationship between gold and the index. Historically, a stronger usually meant lower gold prices, as it made gold more expensive for foreign investors, reducing demand. However, when this correlation reversed in 2024, we realized the market landscape had been disrupted. Gold's relative strength was an important signal that allowed us to capture over 20% in gains. We had issued warnings a few months earlier. But gold's strength was not just relative to the . In December 2024, the Bitcoin/Gold ratio reached a peak. Over the past few months, the market has started to view gold as an alternative to . The same trend has appeared in Treasuries. With the fiscal deficit approaching $2 trillion annually and inflation remaining high, investors have been fleeing the bond market. The U.S. government's annual spending has once again surpassed $7 trillion, a first since the pandemic. At the same time, physical gold demand has surged to astounding levels. In just two months, the inventories of the three largest gold warehouses have increased by 15 million ounces, a 115% growth, exceeding the levels seen during the 2020 pandemic. Moreover, it's not just gold traders who are acting. In early 2024, we started to notice that central banks around the world were aggressively increasing their gold holdings. In 2024, central bank gold purchases exceeded 1,000 tons, a record never seen before 2022. When the market correction began on February 19th, we doubled down on our gold forecast. When gold broke through $2,950, we predicted it would quickly surge past $3,000 and alerted our members. During the market collapse, the U.S. junk bond spread began to rise, further confirming gold's status as a global safe-haven asset. Today's performance has resulted in a 13% year-to-date gain for gold. The gold breakthrough and its exceptional relative performance demonstrate the market environment we are in. The macroeconomic backdrop is changing, and we are on the cusp of significant transformations. The changes in the macroeconomic landscape will have far-reaching implications for the entire market. We are trading this change and will continue to profit from it.