According to Michael Burry Stock Tracker on Twitter, Bridgewater Associates, led by Ray Dalio, revealed major changes in its Q1 2025 13F filing. The firm increased positions in Alibaba (BABA) by 3.37%, SPDR Gold Shares (GLD) by 1.48%, and Baidu (BIDU) by 0.81%. Meanwhile, Bridgewater executed significant reductions in SPDR S&P 500 ETF Trust (SPY) by 13.45%, Alphabet (GOOGL) by 0.96%, and Nvidia (NVDA) by 0.72%. This portfolio shift underscores a strategic pivot toward Chinese equities and gold, while reducing exposure to the US tech sector and the S&P 500. For crypto traders, this move may signal increased institutional risk aversion toward US markets and a potential appetite for alternative assets like gold and possibly Bitcoin, often considered a digital safe haven (Source: @burrytracker, Twitter, May 14, 2025).

According to The Kobeissi Letter, gold prices have surged above $3,300 per ounce, continuing an aggressive rally even as the S&P 500 has climbed 17% from its April 7th low (source: @KobeissiLetter, Twitter, May 5, 2025). Notably, the gold ETF $GLD has outperformed the S&P 500 by 35 percentage points since 2020. This significant outperformance highlights strong investor demand for gold as a hedge, signaling potential momentum for trend-following traders and reinforcing gold's role as a safe haven asset in diversified portfolios (source: @KobeissiLetter, Twitter). Traders should monitor gold price action for potential breakout opportunities and consider the ongoing strength relative to equity markets.

According to Eric Balchunas, $GLD has become the 12th ETF to enter the exclusive Hundo Billy Club, marking a significant milestone as the first commodity ETF to achieve this status. This development is particularly noteworthy given that GLD's assets have doubled from $50 billion just 18 months ago. Traders may find this growth indicative of increasing investor confidence in commodity-based ETFs, potentially influencing trading strategies focused on commodity markets.