PortalsOS

Gold is up around 40% this year. Someone must warn you this was going to happen. That's not speculation. That's reality.

Foreign central banks are moving into gold because they no longer consider U.S. debt a safe asset.

Ray Dalio said this week that people should allocate as much as 15% of their portfolios to gold.

Gold's permanence and immutability make it a fantastic store of value. Long after digital technology and Bitcoin are history, gold will remain exactly as it is, offering a timeless form of wealth preservation.

The bottom line is the run-up in gold is essentially an indictment against the U.S. because gold is sold. Also dollars.

Gold and Bitcoin are non-government forms of money that cannot be debased, offering protection against currency devaluation. They may play a crucial role in the future.

Gold traditionally climbs during periods of uncertainty, and it's currently on track for its best year since 1979.

Since the final vestiges of the gold standard were abandoned in 1971, the supply of money has ballooned. This has led to more money chasing the same amount of goods, contributing to the rise in prices over the years.

The US dollar's strength is attributed to its central role in the global financial system, but this position is threatened by the ability to invalidate holdings in dollars.

The wealth gap and political instability are linked to the quality of money and the lack of guardrails around it. Bitcoin is seen as a solution to these issues.