When gold shines even in the markets: Is the fish's warning behind it?

Gold prices have reached levels that have everyone talking. From my mother to vegetable market vendors, everyone wants to know: “Is it still a good time to buy?” If you look at the numbers, the climb is truly dizzying. Gold that cost 260 yuan per gram in 2016—basically the price of a meal—now trades at 1,180 yuan in 2026. The multiplication doesn’t lie: it’s a jump of more than 4.5 times in a decade.

The curious thing is that this rally seems to have its own internal clock. Each correction is followed by an almost immediate recovery, as if someone is pressing a button. When Donald Trump makes comments about dollar volatility, gold seems to listen and reacts instantly. It’s as if the market has headphones on and Trump is the radio announcer. But here’s the important part: when even fruit vendors start debating assets, you need to activate your internal alarms. That chill you feel down your spine, like a sharp fish passing very close, is precisely the signal you need to notice.

From 260 to 1,180 yuan: the hypnotic gold race

The price history tells a powerful story. We’ve moved from an era where gold was a luxury to one where it’s a casual conversation topic. In 2020, amid pandemic uncertainty, the metal rose to 380 yuan. That seemed like a significant move back then. Six years later, that same gram that cost 380 now is worth more than three times that.

Is it possible it will keep rising? Of course. Some analysts talk about 6,000 or 7,000 yuan. But here’s the uncomfortable point: the more spectacular the rise, the more dangerous thorns hide in the narrative. It’s like reaching the end of a feast where only a few bites remain. There’s meat, but also many spines—easy to choke on if you’re not careful.

When does the party end? The warning signs that matter

Gold has a very specific role in any portfolio: it’s a “fear refuge.” It’s not meant to make you rich. Its real value is that when the world descends into chaos, when no one trusts anything, gold simply works. It’s practically a universal currency without anyone’s permission.

The problem is we’ve reached a point where gold is no longer just a fear refuge—it has become a speculative toy. When the trend is so obvious that even your aunt starts asking questions, it’s because we’re in the final stages of a movement. And in those final stages, that back-spine— that chill you feel, that sense that things could change rapidly—is the real warning.

I’m not saying gold will crash tomorrow. But the environment, the euphoria, the saturation of conversations… all that is the perfect backdrop for a correction. And this is where many lose money: they wait for official news to announce the change, when in reality, subtle signals were already there.

Bitcoin at $65.98K: where smart capital flows

While the world celebrates the gold rally, a quiet movement is happening elsewhere. Bitcoin, which recently hovered near $90,000 according to previous forecasts, is currently trading around $65.98K. Many see weakness. I see preparation.

The approval of the spot ETF changed the structure of the Bitcoin market. But the fundamentals haven’t changed: it has higher liquidity than gold, global consensus among holders, and most importantly—you can carry it with you anywhere in the world just by remembering a twelve-word phrase. If something serious really happened and you needed to safeguard your assets, would you try to move a box of gold bars? Or would you just need access to your digital wallet?

This digitization of the world doesn’t stop. Market cycles are constantly evolving, but the principles remain. And when speculative capital gets tired of gold and looks elsewhere, options are limited. Bitcoin has the characteristics the market seeks: clear supply, transparent transactions, and a network that operates 24/7 without anyone’s intervention.

The strategy that truly matters: discipline over emotion

The most common mistake is chasing trends. It’s like running after a bus—you might catch it sometimes, but often you’re just left in the dust. My stance is different:

For gold: If you’ve already gained, consider taking partial profits. If you haven’t entered yet, this current euphoria isn’t the best entry point for cautious investors. The safest move now is to observe.

For Bitcoin: Stay alert but disciplined. If capital truly shifts from gold to other assets and a significant correction occurs, that will probably be the interesting moment. The four-year cycle that characterized the past may not be as predictable, but the underlying supply-demand logic persists.

More important than any position: Don’t let FOMO—fear of missing out—control your decisions. The market will always offer opportunities. What’s scarce is the emotional discipline to recognize when an opportunity truly exists versus when it’s just crowd pressure.

The back-spine is the oldest market signal

When you see gold reaching these levels, when everyone—absolutely everyone—talks about the same topic, that chill you feel in your back, that sensation that something sharp and dangerous just passed very close, is your instinct sounding the alarm. It’s not precognition. It’s simply that you’ve seen this pattern before.

The silent question you should ask yourself is simple: “Is there really still a chance to make money here, or is it just the crowd?” Your honest answer to that question is the best trade you can make. Not at the best price, not with the best narrative— but the best decision.