Similar patterns with gold, oil, and now the crypto.
And that allows us to assume that it is not gold, oil and crypto really change their value. They are not connected, but have similar graphs.
If you see different unlinked variables that have similar behaviour against another one in time, that definitely mean that it is the latter really changes, not other.
Say, some country have a year demand for 1 gazillion barrels of oil. This demand could not change fast. It just can't be that this demand will change every day or even month. It could change, but slowly, year by year - more efficient transportation, better powerstations, few percent more utilisation of oil in plastic production and all that stuff. Very slow change in demand dependent on combination country development and technology advances. In a year you just can't utilize even slightly more than that 1 gazillion barrels, and you will ruin everything if there will be noticeable less than that 1 gazillion barrels.
And that allows us to assume that it is not gold, oil and crypto really change their value. They are not connected, but have similar graphs.
If you see different unlinked variables that have similar behaviour against another one in time, that definitely mean that it is the latter really changes, not other.
Say, some country have a year demand for 1 gazillion barrels of oil. This demand could not change fast. It just can't be that this demand will change every day or even month. It could change, but slowly, year by year - more efficient transportation, better powerstations, few percent more utilisation of oil in plastic production and all that stuff. Very slow change in demand dependent on combination country development and technology advances. In a year you just can't utilize even slightly more than that 1 gazillion barrels, and you will ruin everything if there will be noticeable less than that 1 gazillion barrels.