I. Gold: Reconstructing the Ultimate Narrative of Breaking Through $3,370
On the morning of April 21, 2025, spot gold prices broke through $3,370 per ounce, with New York gold futures simultaneously rising to $3,375.9, creating a new record in human financial history. Behind this "gold rush" are the disruptive resonances of geopolitics, monetary systems, and capital flows.
1. Trump's Political Economy of the "Golden Rule"
Trump threw out on Truth Social the "Golden Rule of Negotiation and Success: Those who own gold make the rules",
Additionally, Trump stated, "Merchants who criticize tariffs are not good at business, but what they are truly bad at is politics. They do not understand and are not aware that I am the best friend of American capitalism in history!"
This is not a simple market shill, but a metaphor by American political elites for reconstructing the global monetary system.
Against the backdrop of escalating tariff wars to 25% on automobiles and 145% on semiconductors, gold's "hard currency" attribute is being repriced as a "power chip".
2. US Dollar Index Decline and Global Capital Flow
The US dollar index broke below the 99 mark for the first time since April 2022.
Historical data shows that for every 1% drop in the US dollar index, BTC rises 1.2%. The current dollar break below 99 may help push BTC to hit $90,000.
According to an earlier report by Tony Pasquariello, head of Goldman Sachs' hedge fund business, the story of global capital flow is becoming a market focus, with scale and influence that cannot be ignored.
[The translation continues in the same manner for the rest of the text, maintaining the original structure and translating all non-HTML content to English.]Conclusion: The "Great Fission" Moment of the Global Monetary System
As gold breaks through physical value constraints and Bitcoin tears apart the hegemony of legal tender, we are witnessing an epic asset migration. Historical experience shows that such paradigm shifts are often accompanied by violent fluctuations, but for rational investors, volatility itself is the source of excess returns. As Goldman Sachs said: "This is not a simple fund rotation, but the collapse of the old order and the establishment of new rules." In this transformation, holding gold and Bitcoin essentially means holding the choice of the ultimate fate of money.
