America has a chance to introduce into its monetary system a role for the gold that’s already owned by the government.
The U.S. dollar abandoned the gold standard in 1971 under President Nixon. Now, the fiat currency derives its value based on trust instead of a tangible asset. Gold and the dollar are still correlated ...
The momentum has only strengthened in 2025, with investors continuing to push the precious metal to new price highs ... interesting is gold's relationship with the U.S. dollar.