Chris Curl,
Editor
Sept. 4, 2025
Gold has officially broken through the $3,600 mark per ounce, climbing to levels humanity has never seen before.
But this isn’t just a story about gold being shiny and valuable—it’s about something much deeper: a growing loss of faith in the world’s paper money systems, especially the U.S. dollar.
Investors are waking up. They’re moving their wealth into things they can trust—gold, Bitcoin, cryptocurrencies, and commodities. This isn’t a small blip of market volatility; it looks more like the opening act of a currency crisis that could reshape how the global economy works.
Just take gold’s latest move: $3,639 an ounce as of September 3, 2025. That’s a 43% jump in a single year—not just a rally, but a signal flare.
The message? People no longer trust the old monetary order.
Trillions in government debt, nonstop money printing, and Federal Reserve interventions have created an environment eerily similar to past currency collapses.
How Currencies Get Hollowed Out
The Fed’s Endless Money Machine
Back in ancient times, governments debased currency by shaving silver from coins or mixing in cheaper metals. Today, we call it “quantitative easing.” Since 2008, the Fed’s balance sheet has exploded from under $1 trillion to nearly $7 trillion. That’s not just reacting to crises—it’s become the new normal.
The money supply ballooned by $6 trillion in 2020–2021 alone. Add in near-zero interest rates and debt monetization, and you’ve got a setup where the Fed is basically the main buyer of U.S. government IOUs.
It’s a trap: stop printing and markets collapse; keep printing and the dollar burns.
The Old Triffin Dilemma, Reborn
Being the world’s reserve currency used to be America’s crown jewel. But it’s also a curse. The U.S. must pump enough dollars into the system to keep global trade moving, yet that undermines its own stability.
Now, foreign holders—who collectively sit on $12 trillion in U.S. dollar assets—are losing patience. The dollar index is down more than 10% this year, its worst showing since the 1970s.
Confidence is slipping fast.
Gold’s Big Comeback
Central Banks Are Buying—A Lot
Forget speculators. The biggest gold buyers today are central banks. Month after month, they’re loading up, quietly shifting away from dollars. Goldman Sachs sees gold at $3,700 before year-end, fueled by both official reserves and ETFs sucking in capital as rate cuts loom.
And here’s the kicker: global gold ETFs are tiny compared to U.S. Treasuries. Even a small rotation out of bonds into gold sends prices vertical.
The Technicals Back It Up
Gold isn’t just rising in dollars—it’s smashing records in euros, yen, and every major currency. ETFs like SPDR Gold Trust are swelling again, and whale investors are doubling down, both in gold and Bitcoin. The smart money sees where this is going.
Bitcoin: The Digital Safe Haven
Bitcoin’s story is playing out alongside gold’s, but with its own twist. Trading around $110,000, it’s still volatile, but it’s holding strong with a 15% gain this year—versus gold’s 30%.
Bitcoin tends to follow gold’s lead, with a lag of about 100–150 days. If history repeats, Bitcoin could be gearing up for its next major breakout.
The Fed’s Checkmate
The Fed is boxed in. Hike rates, and risk blowing up fragile debt-fueled markets. Keep rates low, and invite hyperinflation. Political interference only makes things worse, with credibility eroding as the Fed bows to pressure. Markets see it, and they don’t like it.
Countries are diversifying reserves. The dollar’s share has fallen from 71% to 58% over 25 years. Add in the rise of central bank digital currencies—government-controlled money with little privacy—and alternatives like Bitcoin suddenly look like lifeboats.
What This Means for Investors
The old 60/40 portfolio is dead. Stocks and bonds no longer hedge each other the way they used to. Instead, investors are looking at real assets: gold, Bitcoin, commodities.
The timing matters. Gold’s breakout has already confirmed the shift, and Bitcoin may not be far behind. The key is to see this not as a temporary cycle, but as the dawn of a new monetary era.
Gold soaring past $3,600 isn’t just a milestone—it’s a flashing warning light that the global monetary system is breaking down. Fiat currencies are being hollowed out, and alternatives—gold, Bitcoin, and commodities—are rising to take their place.
This isn’t about speculation. It’s about survival in a world where the rules of money are changing. The sooner investors adapt, the better they’ll be able to protect and grow their wealth in what comes next.
The golden dawn is here. The only question is: are you ready for it?
Keep coming back,
Chris Curl
Editor, Daily Profit Cycle