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| By Beth Canova |
All eyes were on gold this week as the yellow metal burst through the $5,000 level.
Yesterday, it hit a new all-time high — and what seems to be a local peak — near $5,600.
Today, gold is cooling off. It’s down roughly 8% in the past 24 hours.
That’s to be expected. After all, nothing can go up in a straight line. And hidden in gold’s rally is helpful insight for crypto investors.
My colleague Juan Villaverde has made no secret that gold is a useful indicator for Bitcoin (BTC, “A-”).
It’s not down-to-the-day exact. And it can’t account for black swan events, like the tensions involving Venezuela, the Russia-Ukraine conflict and ongoing instability in the Middle East.
Fortunately, these seem to have a limited impact on market behavior.
That’s not to say asset-specific risks — like tokenomics, vesting schedules or narrative-driven flows — won’t be critical to a coin’s success. But it does reduce broader macro headwinds that have constrained participation in recent years.
And it means gold can continue to act as a powerful predictor.
A Golden Shimmer on a Bullish Outlook
The good news for us is that gold is painting the same picture as Juan’s Crypto Timing Model and other indicators, such as Central Bank Liquidity.
Which means we can expect a short and mild 320-day correction.
More importantly, gold’s rally indicates there’s upside action ahead for savvy traders to ride.
It’s always nice when multiple indicators align. And it means, with Juan’s model indicating a key low soon, that you should have a weather eye out for your next entry opportunity.
But this isn’t the only story gold shined a light on this week.
Gold’s New Power Player
Hidden behind the impressive rally is the story of quiet accumulation.
Tether — issuer of the largest stablecoin, USDT — has been on quite the spending spree. CEO Paolo Ardoino told Bloomberg News that Tether holds some 140 metric tons of gold.
And the company is far from finished. At a rate of one to two tons a week, the plan is to keep going for the next few months.
In short, Tether now owns about $24 billion in gold. That’s more than some central banks hold in their reserves!
And according to Jefferies, Tether’s purchases late last year represented an insane 2% of global demand in that time.
For those of us watching this unfold, the takeaway is clear: Big foot investors are betting against the dollar.
While Bitcoin is the new age bet against it, gold still holds its own as the original store of value. So much so that every crypto native firms are loading up.
And with Weiss Ratings’ Sean Brodrick now saying he predicts gold to hit $10,000, that move makes sense.
The drawback with gold, however, is that you don’t actually own it unless you’re holding the physical metal. That’s not only impractical in theory. It’s highly unlikely you would have custody of any large amount of purchased gold.
Unless we’re talking the gold coins your grandpa left you, gold bullion is typically stored in insured facilities that specialize in precious metals.
Which means you have to jump through a few hoops — and rely on others — to get your gold or sell it.
Most people tend to buy ETFs like the iShares Gold Trust (IAU). Or they go the “pick-and-shovel” route and buy gold miner stocks.
But if you want to stay true to your crypto values — trustlessness and true ownership of your assets — look to the blockchain to buy your gold.
PAX Gold (PAXG, Stablecoin) is a crypto asset pegged to the price of gold per ounce. That means when gold rises, so does PAXG.
In short, PAXG gives you all the benefits of a crypto asset while giving youexposure to gold’s incredible rally. And today’s pullback could make an intriguing entry opportunity for long-term investors.
In fact, Juan’s Weiss Crypto Investor Members were able to grab an incredible triple-digit gain on their PAXG this week!
And they still have half their position in play to go for even more.
Because Tether’s buying spree isn’t done. And neither are the other factors pushing the yellow metal higher in 2026.
Which means it’s time to start your own gold rush, if you haven’t yet.
Best,
Beth Canova
P.S. To learn how Juan’s Weiss Crypto Investor Members will continue to ride gold’s rally — and Bitcoin’s! — click here.
