The post Billionaire Ricardo Salinas Says Bitcoin Price Will Go to $1.5M appeared on BitcoinEthereumNews.com. Key Takeaways: Mexican Billionaire Ricardo Salinas says the Bitcoin price will 14x to $1.516 million per coin and catch up with gold, before outperforming it. As gold officially becomes the first asset in history to hit $30 trillion in market cap, and the gold price hovers around $4,300, The Kobessi Letter calls it a “global rush into gold.” Salinas, who holds 80% of his wealth in BTC, expects Bitcoin to reprice global wealth in a deflationary reset before this decade ends. As the gold price goes absolutely parabolic, up almost 20% this month and reaching record highs, does that mean the BTC price will follow? That’s what Mexican billionaire Ricardo Salinas believes. As the yellow metal officially becomes the first asset to cross the $30 trillion mark in market capitalization, Salinas says Bitcoin will 14x to catch up with gold, and then outperform it. After a dramatic rally this year, with the gold price up over 60% year on year, gold has overtaken all other assets. That includes heavyweight tech bids like Nvidia, Microsoft, and Apple at over $30 trillion. Source | The Kobeissi Letter on X The Kobeissi Letter called it an “all-out global rush into gold.” The herd is on the move toward safety amid surging deficits, weak currencies, and geopolitical uncertainty. But while central banks fill their vaults and exchange-traded funds dominate quarterly inflows, Salinas sees gold as merely the opening act. Mexico’s third-richest man and one of the earliest Bitcoin advocates among Latin American tycoons says the BTC price is set to rise at least 14 times from current levels. It will reach $1.516 million per coin to match gold’s total market value. And even then, he insists, Bitcoin will continue to outperform. He wrote: “Bitcoin will go up at least 14 times to catch up… The post Billionaire Ricardo Salinas Says Bitcoin Price Will Go to $1.5M appeared on BitcoinEthereumNews.com. Key Takeaways: Mexican Billionaire Ricardo Salinas says the Bitcoin price will 14x to $1.516 million per coin and catch up with gold, before outperforming it. As gold officially becomes the first asset in history to hit $30 trillion in market cap, and the gold price hovers around $4,300, The Kobessi Letter calls it a “global rush into gold.” Salinas, who holds 80% of his wealth in BTC, expects Bitcoin to reprice global wealth in a deflationary reset before this decade ends. As the gold price goes absolutely parabolic, up almost 20% this month and reaching record highs, does that mean the BTC price will follow? That’s what Mexican billionaire Ricardo Salinas believes. As the yellow metal officially becomes the first asset to cross the $30 trillion mark in market capitalization, Salinas says Bitcoin will 14x to catch up with gold, and then outperform it. After a dramatic rally this year, with the gold price up over 60% year on year, gold has overtaken all other assets. That includes heavyweight tech bids like Nvidia, Microsoft, and Apple at over $30 trillion. Source | The Kobeissi Letter on X The Kobeissi Letter called it an “all-out global rush into gold.” The herd is on the move toward safety amid surging deficits, weak currencies, and geopolitical uncertainty. But while central banks fill their vaults and exchange-traded funds dominate quarterly inflows, Salinas sees gold as merely the opening act. Mexico’s third-richest man and one of the earliest Bitcoin advocates among Latin American tycoons says the BTC price is set to rise at least 14 times from current levels. It will reach $1.516 million per coin to match gold’s total market value. And even then, he insists, Bitcoin will continue to outperform. He wrote: “Bitcoin will go up at least 14 times to catch up…

Billionaire Ricardo Salinas Says Bitcoin Price Will Go to $1.5M

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Key Takeaways:

  • Mexican Billionaire Ricardo Salinas says the Bitcoin price will 14x to $1.516 million per coin and catch up with gold, before outperforming it.
  • As gold officially becomes the first asset in history to hit $30 trillion in market cap, and the gold price hovers around $4,300, The Kobessi Letter calls it a “global rush into gold.”
  • Salinas, who holds 80% of his wealth in BTC, expects Bitcoin to reprice global wealth in a deflationary reset before this decade ends.

As the gold price goes absolutely parabolic, up almost 20% this month and reaching record highs, does that mean the BTC price will follow? That’s what Mexican billionaire Ricardo Salinas believes. As the yellow metal officially becomes the first asset to cross the $30 trillion mark in market capitalization, Salinas says Bitcoin will 14x to catch up with gold, and then outperform it.

After a dramatic rally this year, with the gold price up over 60% year on year, gold has overtaken all other assets. That includes heavyweight tech bids like Nvidia, Microsoft, and Apple at over $30 trillion.

Source | The Kobeissi Letter on X

The Kobeissi Letter called it an “all-out global rush into gold.” The herd is on the move toward safety amid surging deficits, weak currencies, and geopolitical uncertainty.

But while central banks fill their vaults and exchange-traded funds dominate quarterly inflows, Salinas sees gold as merely the opening act.

Mexico’s third-richest man and one of the earliest Bitcoin advocates among Latin American tycoons says the BTC price is set to rise at least 14 times from current levels. It will reach $1.516 million per coin to match gold’s total market value. And even then, he insists, Bitcoin will continue to outperform. He wrote:

The Global Gold Rush and Parabolic Gold Price

The gold price is now orbiting $4,300 per ounce, up more than 60% year-on-year, as nations hedge their currencies against volatility. Central banks purchased a record 1,134 tonnes of gold in the first nine months of 2025, breaking every accumulation record since the early 1970s, according to updated reserve data.

The motivations run deep: persistent fiscal deficits, energy shocks, intensifying geopolitical competition, and renewed dedollarization efforts amplified by persistent tensions between Washington and Beijing.

Discovery Alert attributes this parabolic rise to monetary reallocation from sovereign debt to tangible reserves across Asia, the Middle East, and Eastern Europe. China and Poland have led the charge. Beijing now holds roughly 2,400 tonnes, while Warsaw aims to make gold 30% of its national reserves.

And that’s the irony many observers can’t ignore: while gold’s luster is old-world, the emotion driving its demand is distinctly modern. The fear that debt, political volatility, and algorithmic trading make fiat currencies less trustworthy than ever.

BTC Price Will 14x as Digital Gold Reborn

Against this backdrop, Salinas’s forecast doesn’t sound so far-fetched. A digital asset that once traded for the price of a round of tequila could now, he suggests, rise into seven digits. The reasoning is arithmetically grounded. With Bitcoin’s total market cap hovering near $2 trillion, a 14x increase in the BTC price would bring it into parity with gold’s new valuation.

Salinas, who holds 80% of his wealth in Bitcoin, isn’t alone in viewing the digital asset as gold’s evolutionary successor. Analysts at Fidelity Investments agree that nations are about to follow the billionaire’s lead. The firm’s January 2025 report projected that multiple countries will begin adding Bitcoin to national reserves this year.

That thesis dovetails neatly with Salinas’s decades-long critique of fiat currencies. Having endured Mexico’s currency collapses firsthand, he regularly compares the peso’s decline to Bitcoin’s programmed scarcity. Calling it the soundest form of money humanity has ever created, Salinas expects Bitcoin to reprice global wealth in a deflationary reset before this decade ends.

The Torque Behind Gold and Bitcoin

The Kobeissi Letter likened gold’s rally to a vote against fiat currencies, adding that surging demand for both physical and paper gold signals a profound crisis of confidence in governments and their money printing. The BTC price, meanwhile, mirrors the theme digitally, as a hedge for those who prefer 12 words over 12 vaults.

Even as Bitcoin temporarily lags the gold price parabolic rise, structural tailwinds are hard to miss. For Salinas, the convergence is mathematical destiny. If 2020s monetary policy is planting panic, Bitcoin is the harvest.

The symbolism of this moment shouldn’t be lost on anyone. The gold price has reached its cosmic valuation peak. The BTC price, meanwhile, has historically followed gold. After gold’s run, digital scarcity may be next in line for a $30 trillion valuation of its own.

Source: https://www.thecoinrepublic.com/2025/10/17/billionaire-ricardo-salinas-says-bitcoin-price-will-go-to-1-5m/

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