Gold Is King Now But BTC USD Will 14X To Over $1,400,000: Mexican Billionaire

Gold is all the buzz right now. It is the undisputed king of big money flow, looking at recent gains. Trading at over $4,300 per ounce at press time, the yellow metal is at near all-time highs following the explosion on October 16. Outperforming the BTC USD, the gold price surge places it as the most valuable asset in the world after crossing the $30T mark.

At this valuation, gold is more than 15X more valuable than Bitcoin, the digital gold. Meanwhile, because of the spike above $4,300, gold is 7X more valuable than Nvidia and Microsoft. This run-up cements its position as the proper value reserve, especially during economic uncertainty.

It now takes 6 Nvidia’s to buy gold’s market cap.

Gold has added an average of $833 billion PER MONTH for 12 straight months.

Never in history has any asset done anything remotely near this before. https://t.co/OwWpgCdC90 pic.twitter.com/00YJf5fvmQ

— The Kobeissi Letter (@KobeissiLetter) October 13, 2025

The gold leg up is expected to continue, considering the level of demand, even among retailers. In Singapore and Australia, long lines are already forming, with hundreds eager to buy a piece of the gold pie.

Scene at BullionStar before Opening Hours – Customers already lining up to buy Gold & Silver. pic.twitter.com/UVyqLoWMXR

— BullionStar (@BullionStar) October 17, 2025

FOMO or not, every speck of gold is being bought.

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What’s Behind This Gold Surge?

The exceptional demand for gold stems from a few factors.

Top of the list is the geopolitical tensions and the demand for a trusted safe haven, now that China and the United States are back to playing chess. The Trump administration announced new tariffs on China following the Asia’s powerhouse plans to introduce new controls on rare earth exports. Because of Trump, Bitcoin, Solana, and some of the best cryptos to buy collapsed on October 10, and it has never been the same since then.

Secondly, there are reports of record gold purchases not just by China but also by Russia and emerging markets. Central banks usually accumulate gold, using it as a store of value and reserves for propping up their currencies. In 2025 alone, central banks around the world have scooped up more than 1,000 tons of gold as they diversify away from the greenback.

2008: World’s biggest commodity producer (Russia) begins buying gold in FX reserves – gold/commodity ratio at 1.2

2025: Gold/commodity ratio at 7.2 & breaking out; Russian FX reserves at all-time highs (despite war & sanctions) driven by gold prices. pic.twitter.com/lpwYmYtKZp

— Luke Gromen (@LukeGromen) October 6, 2025

Thirdly, there are concerns that if the Federal Reserve cuts rates, inflation, which is over +1% away from the benchmark +2%, would spike, eating away at purchasing power. Gold, though not interest-bearing, is appealing in an inflationary environment, boosting demand and lifting prices to record highs.

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Mexican Billionaire: BTC USD Is Still King, Prepare For a 14X Surge

Still, even as gold rips and posts jaw-dropping gains, Ricardo Salinas Pliego, a billionaire Bitcoin bull, believes the digital gold is still king.

Taking to X, Pliego said not only will the Bitcoin price spike by at least 14X and catch up with gold, but when it does, BTC USDT will continue to outperform the yellow metal.

It is not the first time the billionaire has backed Bitcoin. In September, during an interview with Robert Breedlove, he said fiat currencies like the USD, pesos, and Euro are the “biggest fraud” and the only way to exit this matrix is to stack up on Bitcoin.

Interestingly, Pliego owns one of the largest commercial banks in Mexico, Banco Azteca. He has also been recorded saying people who think their money is safe in a bank are mistaken.

“People think that they took the money to the bank, put it there, and that it’s probably sitting in a vault in the backside of the bank. It’s not like that.” Adding, “The money is gone. It’s been loaned to somebody to buy a house.”

As BTC USD drops, some aggressive whales are taking advantage of the dip to buy. Yesterday, two whales bought 1,465 BTC worth over $162M on Binance and FalconX.

Two fresh whales accumulated 1,465 $BTC ($162.4M) from exchanges in the past 6 hours!

1️⃣ Whale “bc1q0” withdrew 1,000 $BTC ($110.7M) from #Binance at $110,650 on average.

2️⃣ Whale “bc1qx” withdrew 465 $BTC ($51.7M) from #FalconX at $111,204 on average.

Follow @spotonchain for… pic.twitter.com/FNQtI8BmAg

— Spot On Chain (@spotonchain) October 16, 2025

Even so, the odds of BTC USDT spiking to $200,000 are slimmer. If anything, Polymarket punters think the odds of an alien being found this year, at 6%, are higher than Bitcoin hitting $200,000, which is at +5%.

BREAKING: It’s more likely aliens are confirmed this year (6% chance) than Bitcoin hitting $200k (5% chance).

— Polymarket (@Polymarket) October 17, 2025

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