Gold stalls, Bitcoin hits new highs? #Rattalkworld # Rat哥说天下#current affairs hot spots

A rare scene has appeared. Bitcoin has repeatedly hit new highs and gold is under pressure. This is by no means an ordinary financial fluctuation. This year, Bitcoin has reached a new all-time high, with the price reaching $106,533, which is equivalent to more than 775,000 RMB. One Bitcoin is equivalent to a house in a third- or fourth-tier city. Bitcoin is for speculation, and gold is a safe haven. The international situation has not been peaceful recently. Yin Xiyue failed to enforce martial law in South Korea and was impeached by the South Korean Congress. The Assad regime in Syria fell at the speed of light within 12 days. Even the conflicts between Palestine, Israel and Russia and Ukraine are not over yet. Obviously, capital should go Those who avoided risk used their money for speculation. Is the world quietly undergoing dramatic changes? Or is it really just a short-term hype? So why are short-term investors buying Bitcoin in large quantities but no longer favor gold? Dalio, the founder of Tidewater Fund, one of the world's largest hedge funds, said that he already regards Bitcoin as a hard currency like gold, and current Federal Reserve Chairman Powell also said that Bitcoin is a direct competitor of gold. In fact, because Trump was elected, the United States. Reasons for not being the next president. While Bitcoin continues to attract speculative funds, it is also diluting the safe-haven properties of gold. Trump said in an interview last week that we are going to do some great things in cryptocurrency and we are going to be a leader. Many people believe that Trump will promote the Bitcoin strategic reserve plan after taking office, which is the fundamental reason for the continuous rise of the Bitcoin economy. Bitcoin prices have soared by more than 50% since the U.S. election on November 5. As of Sunday, Bitcoin had posted seven consecutive weeks of gains, its longest winning streak since 2021. In contrast, the shine of gold is somewhat dim. Against the backdrop of a stronger U.S. dollar and strong U.S. economic data, gold priced in U.S. dollars cannot escape downward pressure. The second reason is the impact of Trump’s personal pacifist strategy. Trump's election has indeed added uncertainty to the whole world, but at least one thing is certain. He dislikes war very much. He has said more than once that he is the only person in the past 82 years who has not launched a war during his term in office. The president, he also said that he would take action to resolve the Russian-Ukrainian conflict on the first day. Once global. and the situation stabilizes, then the hedging role of gold will not be that great. This game of gold, gold, and orange goes far beyond the scope of financial asset rotation, and is a confrontation between the old and the new order. Breaking through the $100,000 milestone, coupled with the backlash of the US government represented by Trump, marks the gradual move of Bitcoin from the niche encryption circle to the horizons of global investors. But if the market once again enters a stage of high uncertainty or rising systemic risks, gold will still be the ultimate hedging spear trusted by many investors. Some people voted for the new system, while others were guarding the old system with trepidation. They could also vaguely feel that a large amount of money was flowing under the water. As Dalewu said, in the next few years, it is impossible for these highly indebted countries not to experience debt crises, which will lead to a sharp depreciation of currency values. Don’t get too caught up in the back and forth of daily headlines, but think more about the general trend. When the currency in your hand depreciates sharply, do you believe more in gold or Bitcoin? If you like our video, please like and subscribe!