Gold: The Sparkly Asset That Never Fails to Spark Debate
Picture this: It's 1971, and President Nixon just ended the gold standard, severing the dollar's convertibility to gold. The fixed price of $35 per ounce was history. Fast-forward to today—the U.S. national debt has ballooned past $35 trillion, political gridlock is the norm, and gold has just hit another record high. Coincidence? Hardly.
Gold's surge to record territory in 2025 isn't just another market anomaly. It's the result of a perfect storm: macroeconomic pressures, unprecedented central bank buying, and a world that feels increasingly unstable. But before you rush to load up on bullion, let's separate the golden truths from the fool's gold.
