Gold’s transcendence in the fiat money era

Whenever I am concerned about gold’s price performance, I return to this chart and it restores my faith in the metal without reservations.  I could write many paragraphs about what I see here, but I think the chart speaks for itself. It explains at a glance why gold in the fiat money era, in which we are still firmly esconced, is a good thing to own.  Simply put, it transcends. . . . . . .During the gold standard era, the chart is a flatline.  The day the United States severed the dollar’s tie to gold, it registered a pulse.

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