GOLD ($XAU ) ISN’T RALLYING — FIAT IS FALLING

2009: $1,096

2015: $1,061

Almost 10 years of silence. No hype. No crowd. Just accumulation.

Then the shift began.

2019: $1,517

2020: $1,898

2023: $2,062

2024: $2,624

2025: $4,336

Nearly 3× in 3 years.

This isn’t retail FOMO.

This is institutional positioning.

Why?

• Central banks buying gold at record levels

• Governments drowning in debt

• Currency supply expanding rapidly

• Confidence in fiat quietly declining

Gold doesn’t move like this without reason.

It signals structural repricing of money.

They laughed at:

$2,000 gold

$3,000 gold

$4,000 gold

Now they’re questioning $10,000.

Gold isn’t getting expensive.

Fiat is losing value.

Smart money prepares early.

Late money reacts.

Gold is not the trade. Gold is the warning.

XAU
XAUUSDT
5,063.71
-0.12%

#XAU #Gold #PAXG #Macro #WriteToEarn