GOLD KEEPS BREAKING RECORDS AND UBS CLAIMS IT WILL CONTINUE: THIS IS KEY FOR #BITCOIN
The charts anticipate it, the data confirms it, and history repeats itself.
Are we at the beginning of the next parabolic rally of $BTC?
As you can see in the chart, every time GOLD exploded upwards... #Bitcoin started a strong rally. ▪️ It was like this in 2017. In 2020, too. ▪️ Now, in 2025, the pattern repeats: gold has just reached a record market capitalization of 27 TRILLION dollars. ▪️ That implies that in just 2 years it added +13 TRILLION, three times Japan's GDP.
At the same time, flows are starting to migrate towards BTC. ▪️ The chart shows how, after each strong rise in gold, funds rotate towards Bitcoin. ▪️ If only 10% of the capital invested in gold is redirected to BTC, its market cap could add 2.7 TRILLION. ▪️ That would push the price of Bitcoin above $250,000.
Gold miners are having their best year in two decades. ▪️ The global mining stocks index (MSCI ACWI Gold Miners) has been rising +134% in 2025. ▪️ It surpasses the semiconductor index by 94 percentage points, the largest differential in at least 20 years. ▪️ It is only the second time in 7 years that gold has outperformed the tech sector.
Why is this happening according to UBS?
🔹 According to UBS, the momentum of gold comes from: • The U.S. government shutdown. • Growing fiscal concerns in Japan and France, following recent political changes. • The restart of the rate-cutting cycle in the U.S. • And concerns about the long-term value of the dollar.
That’s why UBS recommends maintaining a bullish position in gold. And Goldman Sachs raised its price target to $4,900 for December 2026 (vs $4,300 previously).
If gold continues to lead this new cycle of distrust towards governments, BTC will potentially benefit.
More than $707 million in cryptocurrency positions were liquidated in 24 hours, of which $528 million came from long positions and $180 million from short positions.
Silver is entering an important revaluation phase. Global inventories are at 30-year lows, industrial demand reached a record of 1,200 million ounces in 2024, and countries are discreetly starting to stockpile it again.
For more than 50 years, it has been suppressed, but its monetary role is returning along with gold.
CHINA CONTINUES TO INJECT LIQUIDITY INTO THE GLOBAL FINANCIAL SYSTEM
The People's Bank of China does not stop: it has just injected ¥612,000 MILLION (more than USD 85,000M) in a single liquidity operation
Since the beginning of the year, it has already reached 1.3T dollars
What does this mean for #Bitcoin and risk assets?
🔸China has been stimulating its economy throughout 2025 with LIQUIDITY INJECTIONS (not just temporary ones) 🔸It does this through outright reverse repos, a tool that puts money directly into banks for 3 or 6 months
These were the latest "permanent" operations: ▪️October 9: ¥1,100B for 3 months ▪️September 15: ¥600B for 6 months ▪️September 5: ¥1,000B for 3 months ▪️August 15: ¥500B for 6 months ▪️July 15: ¥1,400B ▪️June 16: ¥400B for 3 months ▪️June 5: ¥1,000B for 3 months ▪️May: ¥700B ▪️April: ¥1,200B ▪️February: ¥1,400B -In total 1.3T dollars, an enormity
Why does this matter?
-Because that liquidity does not stay in China… 🔸Revives credit 🔸Stimulates demand for assets 🔸And part of that money flows to global markets like stocks, bonds, and #Bitcoin
China is one of the great engines of the BULL MARKET of 2025.
!!!!RIPPLE arriving in Luxembourg and the European Union
Excellent meeting with @Ripple as they move towards obtaining their license to operate in Luxembourg. We discussed their ambitions in Europe and Luxembourg, and I reiterated our commitment to digital innovation.
The President of the Federal Reserve, Jerome Powell, will speak today at 8:30 a.m. EST, just before the market opens. His speech could set the tone for the upcoming rate cut expected at the end of this month.
THE RICHEST MAN IN THE WORLD FULLY ENTERS THE AI COMPETITION
NVIDIA is funding Elon Musk's new SUPERCOMPUTER as if it were an oil well
CHIPS are now a FINANCIAL ASSET
What does this mean and why is it so important?
🔸xAI (Musk's artificial intelligence company) raised USD 20,000 million in a historic round 🔸The goal: to build "Colossus 2", an AI supercomputer in Memphis 🔸But what's truly innovative is how this project is financed 🔸Part of the investment is traditional (equity), but the other part is debt backed by GPUs from NVDA
🔸This means that NVIDIA chips, the computing units, are used as collateral, as if they were real estate or bonds 🔸NVIDIA not only sells the hardware: it finances it, retains part of the project (in this case xAI), and secures its long-term control
It's a structural change: computing power is now treated as a commodity. Chips are the new oil
And what impact does this have on financial markets and $BTC?
▪️NVIDIA's shares reacted positively because this financing model turns every agreement into a source of secured income and strategic stakes ▪️With such strong concentration in the SP500, NVDA's rally holds the index almost by itself ▪️And most importantly: this move confirms that the narrative of artificial intelligence is still alive and with more capital than ever
Why does this matter for #Bitcoin?
🔸Because every new "supercycle" of innovation (like the internet or the .com boom) attracts trillions in liquidity and boosts financial markets 🔸Bitcoin historically benefits from those environments of excess capital and financial optimism