Imagine a town crier with a wild grin, shouting to the masses: “Gold is no longer a mere metal—it’s a raging stallion ready to gallop into the sunset with purses overflowing!” Such is the declaration of a mysterious sage known as Dave the Wave, a figure so beloved by his 149,500 disciples on the platform known simply as X, that his words might as well be prophecy.
Our dear Dave waves not a sword but charts, conjuring visions of gold’s journey since the year of amazement, 2016—a parabolic dance, swooping upward like a crazed rooster on a midnight spree, promising to double its vaunted price and soar dizzyingly to the realm of $7,500 by the enchanted year 2028.
“Gold entering its parabolic blow-off stage…” he proclaims, as if announcing a Cossack’s reckless raid on a quiet village.
At this very moment—if you happen to peer into the golden mirror—the treasured metal gleams at a modest $3,341, hardly worthy of a noble’s feast but pregnant with promise.
And what of the mischievous Bitcoin, the digital knave strutting about the market square? Dave assures us it follows gold’s grand example with all the swagger of a sly fox who just slipped past the guards at the gate, breaking free above the infamous $90,000 resistance.
“BTC is showing strength in uncertain markets due to its function as digital gold, in my opinion.” One can almost hear the sly chuckle behind these words, as bitcoin dazzles at $93,559—a 7% leap just in a single day!
Meanwhile, other market prophets, like the learned Adam Kobeissi, join the revelry, proclaiming that both glittering gold and its flashy digital cousin are locked in a thrilling dance, attracting weary traders desperate for shelter from the stormy tempest of uncertainty.
“Gold and Bitcoin are now aligning for the first time in months.
Since April 7th, Gold is up over 15% while Bitcoin is up over 12%.
Why is this happening?
Markets are pricing-in US Dollar weakness and more instability.
Bonds are no longer a preferred safe haven.” Ah, the bonds! Once reliable as a grandmother’s tales, now cast aside like yesterday’s cabbage leaves.
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2025-04-23 23:01