Gold has surged to new highs while Bitcoin has pulled back, and Mark Moss says the divergence is not a contradiction. It is the signal.
Speaking with Kitco News at VRIC 2026 in Vancouver, Moss, host of The Mark Moss Show and Partner at the Bitcoin Opportunity Fund, challenges the idea that gold’s rally is simply an inflation or debasement trade. He points out that “from 2020 to 2024, the gold price didn’t go anywhere at all,” despite unprecedented money printing, asking, “if it’s really about inflation, and if it’s really about debasement, then why didn’t it move off of that?”
Moss says the move reflects a deeper shift. Central banks continue accumulating gold, while individuals increasingly turn to Bitcoin. When Bitcoin is priced in gold, he said, “you see a different picture,” adding, “we don’t know bottoms or tops until we look backwards, but we know when it’s cheap.” He also warns that banks are resisting yield-bearing stablecoins because “they don’t want stablecoins that can pay a yield,” highlighting growing pressure on the traditional banking system.
Recorded January 25, 2026.
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00:36 – Mark Moss origin story: from gold bug to Bitcoin
01:41 – Gold vs Bitcoin: why they don’t move together
04:28 – Trust breaks down: why gold is surging now
05:49 – Bitcoin cycles: what the 4-year pattern signals
09:12 – Stablecoins vs banks: the yield battle
14:05 – Bitcoin strategic reserves: political headwinds
15:04 – MicroStrategy: 709,000 BTC and the “NAV” debate
16:23 – Bitcoin priced in gold: “You see a different picture.”
17:22 – Three investor archetypes: stack, hedge, or trade
18:45 – Momentum vs fundamentals in gold and Bitcoin
21:22 – Regulation tailwinds: GENIUS, CLARITY, and macro setup
#Gold #Bitcoin #GoldVsBitcoin #SoundMoney #MonetaryTrust #CentralBanks #Stablecoins #FiatCurrency #MarkMoss
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40 Comments
I think you need to look more closely at Trump getting whatever he wants. He doesn't, because he's nuts. Look at the court cases he's lost. He will continue to lose and will soon be a lame duck president before his time.
Scamcoin propaganda , if you listen closely he actually gives away the problem, govs want and need the peoples money in the system that they control and they will have the money in the system that they control , sooner or later they should and will kill non gov crypto.
IF I BOUGHT "A MILLION DOLLARS WORTH", OF "WOODEN NICKLES",… THEY'D HAVE MORE "REAL VALUE" THAN "A MILLION DOLLARS WORTH" OF "BITCOIN"!
LOL!!!!!!!!!! MICHAEL SAILOR OWNS "BILLIONS OF DOLLARS WORTH OF "DIGITAL NOTHING"…..LOL!!!!!! BITCOIN HAS A "PRICE",… BUT, IT HAS NO "INTRINSIC VALUE"!!!!!!!
[ I USED TO BELIEVE IN THE TOOTH FAIRY,…. TOO! [
THANKS, JEREMY!!! IMHO:"CRYPTO-FIAT-CURRENCIES" ARE DYING ON THE VINE!!!!! ONLY "PRECIOUS METALS" ARE A TRUE, LIQUID, STORE OF VALUE,..FOLLOWED BY OTHER "REAL COMMODITIES"!! …LET THE FOOLS PAY FOR "DIGITAL "SMOKE & MIRRORS",… BUYING "CRYPTO- "B.S."!!!!! LOL!!!!!!!!
When all else fails use the " it's still a maturing market" I say it's a reckless teenager " trying to find myself ' while the parents are making excuses for him. This dog won't hunt.
Great point about the bank not wanting stable coins as it could collapse their system.
😂😂that video aged really well
Mark can you leave, please?
Mark Moss being hypocritical by saying gold and silver stood still for years but gold was suppressed with 100 paper contracts per 1 ounce gold and 300 per contracts per 1 ounce silver! Bitcoin was never suppressed to test it!
mstr at 2 trillion market cap for holding a mathematical formula opened source that you can find in 30 000 shitcoins ?
Just as I thought, another SHIT COIN pumper / scammer.
Ok, this bullshit I got to hear.
Dollar is String? Lol
Mark upset he's been on the wrong side
Bitcoin fathers are literal Transhumanists.
Inflation at 1.5%, has this guy went to the grocery store lately?
I've had Bitcoin, I've sold Bitcoin, I don't hold anymore, I hold XRP now. And hold physical Silver and Gold. And I think Bitcoin is useless, xrp has better utility. But I think Bitcoin has staying power.
Dollar strong????? WTF 😂😂😂😂
Dollar holding strong? BS. Inflation 1.5 %, BS, GDP 5%, BS. This guy is full of BS
Actually it is really funny how many crypto holders are trying to pump life into it as gold romps away.
Waits? Bitcoin is fake gold, thats why the real thing is running and Bitcoin is not.
The complete and total clown.
Why did they even talk to boneheads like this? Anything inside of a computer that you look at with digital key strokes is not money. It’s something you can hold in your hand and defend and call your own.
THAT is money.
The global fiat system (Brentonwood) is breaking down and people can see this now, so they will buy gold.
Watching the crypto market's ups and downs shows how quickly things can change. The recent misinformation incident reminds us that external factors can shake things up. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. Stay alert, diversify, and let's ride this unpredictable market together. At the core is Lewis Reacher, whose deep understanding of crypto and traditional trading is key. His all-encompassing investment approach and staying updated on trends make him a valuable ally in this crypto era..
To all of you in the comments who don't like BTC: Have fun staying poor.
this guy isn't worth an interview
So you're saying the Big money is going into Gold, and if I can grow my bitcoin I'll go to Gold too. Like the Big guys. The reason it has so much volatility is such a lack of liquidity. I'm not against a new idea at age 66, but I'm too old to gloss over the facts. It appears in it's simplest form we have reinvented a western union/ debit card with a massive extra infrastructure weight surrounding it and growing every day. If it ever settles with what it finally is, I might invest a small amount in it or which ever ones survives.
Funds are flowing from one side to another in the markets to say it simply.
Just BS. The dollar is strong. LOL!
While Bitcoin "waits" for a greater fool that will never come. I mean, the US president and his entire family launched their own memecoins, everyone has already bought in
Everyone i know is selling bitcoin for gold.
Mark your squeezing a drip from the whole orange. Golds over all average gain history. Slow and steady. 👍 Bitcoin is now government tracked. Why are central banks holding and buying gold not bitcoin? Why has tether bought more gold than banks?
My best guess is that this is a boomers channel reading all the nasty comments here…
This dude is an idiot
I would like to buy Mark for what he’s worth and sell him for what he thinks he is worth. Talk about the trade of a lifetime.
Anyone make it past 1:33 ???
😅😅😅😅😅😅
If you're waiting for ButtCON to go up you'll be waiting a long time. The fact is that the BS about it being 'digital gold' or 'gold 2.0' has been revealed as the BIGGEST LOAD OF NONSENSE ever fed to the gullible greedy stupid masses. Now that actual gold has struggled its way free of the banksters' suppression, it is free to fly, and ButtCON will now be free to return to its intrinsic value. 😅😅😅 The CON IS OVER.
So he’s saying bitcoin doesn’t do as well as gold unless governments are getting along really well. His words. History is not on the side of bitcoin if countries need to be friends all the time.
Btc has no utility. It is a ponzi.
Gold is running on central‑bank demand, Bitcoin waits on liquidity. Different buyers, different triggers — the divergence isn’t a contradiction, it’s the setup.