Gold’s transcendence in the fiat money era
Whenever you are concerned about gold’s price performance, please return to this chart. It restores one’s faith in the metal without reservations. Many paragraphs could be written about what you see in this chart, but it speaks for itself. At a glance, it tells us why gold in the fiat money era (in which we are still firmly ensconced) 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.