🔥🔥🔥The central bank has continuously increased its gold reserves for 13 months. Do you understand this operation?
First, let's look at the data: In November, the central bank bought another 30,000 ounces, bringing total reserves to 74.12 million ounces. Central banks around the world are hoarding gold like crazy—this is no longer just asset allocation, but a deep consensus of避险 against the traditional financial system.
Interestingly, gold has risen more than 60% this year, breaking historical records over 50 times. The World Gold Council directly predicts: there may be another 30% increase by 2026, but if inflation rebounds, it may also retract by 20%. Doesn't this volatility remind you of certain narratives in the crypto space?
Now, the避险 narratives of gold and Bitcoin are subtly overlapping. As U.S. Treasury yields decline and geopolitical conflicts escalate, traditional funds are flowing into gold and also starting to penetrate the crypto market. The central bank's gold buying appears to be a move towards de-dollarization, but at a deeper level, it is a “vote of no confidence” by sovereign institutions against the fiat currency system—this sentiment is precisely the soil in which cryptocurrencies thrive.
But note: if gold is a “slow bull consensus,” then the crypto space is the “accelerated volatility version.” A 5%-20% pullback in gold is called fluctuation, while in the crypto space, it could mean an overnight halving. Currently, gold is at a high position, while the crypto market is also facing tests of macro liquidity. Although both are alternative assets, their risk textures are completely different.
For us, the key is not to chase highs and cut losses, but to understand the signals: when sovereign institutions begin to vote for “hard assets” with real money, should you also reconsider your position? Gold or Crypto, which narrative do you bet on more?
Let's discuss your views. $DOGE $LUNC $ZEC
