Mark Moss argues gold's recent rally isn't about inflation, which is now low. Instead, it's driven by collapsing trust between nations amid geopolitical instability and violence. Countries are buying gold to preserve value when they can't rely on each other.
If you look at the chart of gold and you just zoom out a second, you see a different picture. From 2020 to 2024, the gold price didn't go anywhere. And during that time, we saw more debasement than we've ever seen in history, the highest inflation we'd seen in multiple decades. But yet the price of gold did not move at all. Why is gold moving now though? Right now, inflation is extremely low. And to me, the answer really comes down to, as you said, trust. And I think that's the biggest thing. So what we see is massive geopolitical distrust. All the violence we're seeing on the streets of individual people, all the way up to nation states who can't trust each other anymore. Every nation has been scrambling not to find a new currency, but a way that they could hold their value and have trust. If you want to learn more about the Wealth Operating System, then comment ready and I'll send you an invite to the free training I have in the workshop coming up, and I'll see you there.
