According to @KobeissiLetter, gold is currently trading as if the market is in a depression. Over the past two decades, gold has outperformed stocks with a 620% increase compared to the S&P 500's 580% gain. Notably, in the last nine months alone, gold's value has surged by over $1,000 per ounce, signaling potential shifts in market sentiment and economic conditions. For traders, this highlights gold's potential as a robust investment, particularly in uncertain economic climates.

According to @KobeissiLetter, gold is trading as if we are in a depression scenario, having outperformed stocks over the last 20 years with a +620% increase compared to the S&P 500's +580% gain. This suggests that gold may be a safe haven asset in current market conditions. Over the past 9 months, the price of gold has surged by over $1,000 per ounce, indicating strong investor confidence. Traders might consider this trend as an indication of potential market shifts towards precious metals.

According to Michaël van de Poppe, the sentiment in the Bitcoin and Altcoin markets is extremely bearish, with traders only expecting slightly higher tops. This indicates a period of depression in the market, which traders should consider when making decisions.