If you’re an avid watcher, then you know I tend to give away some of my favorite stock picks in these videos. But today, I’d thought I’d help you make a connection about something I rarely talk about: the relationship between crypto, gold and crude oil.
That’s because when China and Australia accelerated their lockdown measures when COVID-19 first stuck, gold had a major sell-off.
If you look at the SPDR Gold Trust (NYSEArca: GLD), an ETF that tracks gold, it’s trading the exact same way right now.
Gold’s at its lowest price in four months, which is significant. And it has everything to do with this report…
The Hidden Relationship Between Crypto, Gold and Crude Oil
The first wave, when crude oil had its first breakdown in April 2020, is where the global COVID-19 environment got so bad that airports started to close.
Well, it’s happening again.
China has canceled flights and Australia’s two most populated states have warned people to stay home except for things like work.
You’re probably all wondering what would happen if the U.S. started to cancel air flights?
Well, the Energy sector will break down.
But what’s most interesting is that the gold and Energy markets are both moving down right now, which makes sense because the economy would be weaker. And obviously, if we close down major airlines, energy prices will be lower.
That’s in line with what everyone experienced 1 ½ years ago.
But there’s something else happening that most traders don’t know about…
So check out my short video below and let’s talk about the hidden relationship between crypto, gold and crude oil. And I’ll even show you exactly how and why Bitcoin is rallying at the moment.
Don’t forget to subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video!
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I’m serious.
This mysterious calendar has spotted a new stock every week that, once triggered, pops like clockwork.
It’s so accurate, traders could set their clocks to it and watch their trades shoot to the moon — regardless of what’s going on in the rest of the stock market.
And right now, we’re giving everyday traders access to this calendar… and the man behind it… absolutely free!
