I would like to know if there’s a connection between the price of gold dropping and stocks dropping at the same time.
Yes. there is. Gold (and silver) are considered “assets” and not alt money. Until that changes, precious metals will sell off with equities. Once people begin to fundamentally distrust the dollar and look for alternative currencies, then I look for crypto and gold silver to boom. Not till then.
The key to look for, btw, will be the collapse of the US Treausury market.