Gold is dumping, but I’m still bullish. > Gold and $BTC share a macro connection, often benefiting from inflation and declining confidence in fiat currencies. The market is pricing in another Fed rate hike before the end of the year, putting pressure on gold. Meanwhile, rising oil prices are fueling global inflation, reinforcing expectations of tighter monetary policy. But here’s what matters: China has been accumulating gold for 23 consecutive months. Central banks are buying while the market is selling. Higher rates may keep gold under pressure for now, but they won’t last forever. My view? This is a temporary macro headwind, not the end of gold’s bull market. I’m expecting significantly higher gold prices in the coming years. Short term pressure. Long term accumulation.