I’ve been watching this gold climb and it’s starting to feel less like a "trend" and more like a systemic shift. We’re already at $5,295/oz, nearly double where we were a year ago. If this momentum holds and we actually hit $10,000, I’m trying to wrap my head around what that reality actually looks like for a retail investor.
Is gold the new reserve at that point? I’ve read that $10k is roughly where the U.S. could theoretically back the M1 money supply with its current reserves. Does that mean we’re heading for a forced "monetary reset"? If gold becomes the only trusted collateral left for international trade, where does that leave the USD or CAD?