Ben SimpsonNavigating the world of crypto with confidence & expertise | Founder & CEO of Collective Shift

Gold is dumping… #investing #stocks #gold #bitcoin #crypto

Name: Gold is dumping… #investing #stocks #gold #bitcoin #crypto
Uploaded: 2025-10-23T00:32:42+00:00
Duration: 51 s
Channel: Ben Simpson
Description: Ben Simpson comments on a sharp drop in gold (describing it as "dumping") and contrasts that with bitcoin, which he says is still holding above 100k. He…

23 Oct 2025 · 1 min

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Ben Simpson comments on a sharp drop in gold (describing it as "dumping") and contrasts that with bitcoin, which he says is still holding above 100k. He attributes selling to macro fear—trade tensions and a reported large tariff announcement—and argues bitcoin typically lags gold by ~30–40 days, so he remains bullish on crypto over the long term despite short-term fear-driven selling.

Questions this video answers

Cap down 8%.

Above 100k.

About 30 or 40 days.

Over 100 tariff to China.

Chapters

Gold is dumping right now, down twice the size of the bitcoin market. Cap down 8%. Huge movements in the gold market. Yet bitcoin still holding above 100k. What's happening? Well, there's a lot of fear in macro markets right now, a lot of uncertainty. People are worried. There's trade wars going on. Trump has just announced over 100 tariff to China and people are dumpling to get their gold. Yeah, a few days ago it was massive lineups outside the gold stores. That is a great local top signal and a lot of people are now selling down because of that. Where do I think bitcoin's going? Was actually a huge correlation by about 30 or 40 days on Bitcoin compared to gold over the last 10 years or so. If you actually look and track the price of bitcoin, it usually lags by 30 or 40 days. And gold's been on a ginormous run over the last couple of months. So I believe we're still in a bull market. Nothing has changed in my macro outlook. A lot of the things, the interest rates, money printing, all the things are the same. And for me this is just another signal where a lot of people buy into the fear. We will get through this in the short term, long term will be okay, but a lot of people are worried and that's where people will sell and that's where the opportunity is.