For thousands of years, gold (and to a lesser extent silver) have been mediums of exchange and methods of preserving wealth over time. Throughout 2024 and 2025, gold prices have been surging, driven by a combination of central bank buying, shifts away from U.S. dollar dominance, and a fear of financial exclusion, i.e., “debanking”. Let's examine why gold is surging, the evolving narrative surrounding gold, Central Banks, and cryptocurrencies. Record-Breaking Price Momentum According to the World Gold Council, during the first quarter of 2025, the London PM price of gold averaged US$ $2,860 per ounce, representing a 38 percent annual increase and setting new quarterly records. On May … [Read more...]