Gold’s $4,000 Rally Echoes the Nixon Era — and Bitcoin Is the Modern Winner

Gold futures have climbed past $4,000 per ounce, marking their fastest rise since the years following the Nixon Shock. This surge, amid persistent inflation, rising unemployment, and a weakening dollar, has reignited concerns about a potential crisis in fiat currency confidence, with investors turning to safe-haven assets like gold and Bitcoin (BTC). A Signal from the 1970s? Gold’s Record Surge Echoes the Nixon Shock  For context, the Nixon Shock was a turning point in global finance. In 1971, President Richard Nixon suspended the dollar’s convertibility into gold, effectively ending the Bretton Woods system source: https://beincrypto.com/gold-nixon-shoch-parallels-benefits-bitcoin/