Wall Street’s FOMO Over Gold Is Your Signal

When Nixon slammed shut the gold window in August 1971, he didn’t simply sever a link between dollars and bullion, he broke faith with the very idea of money backed by substance. 

And just like that, the dollar became a pure promise overnight, untethered from anything tangible. 

Over the next decade, gold quietly began its revenge tour, and the 1970s were absolutely wild, experiencing a price surge that was fueled by inflation, oil shocks, and fading trust in fiat. 

In fact, prices jumped fivefold before peaking around $850 per ounce in early 1980. 

Today, as gold rockets past $3,800 per ounce and central banks scramble for more bullion, we can’t help but ask if we’re living the sequel, and whether or not this encore is just getting started. 

Look, I opened today not with caution, but with conviction… Yes, dear reader, this gold bull run is far from exhausted. 

Conventional wisdom might whisper “too much, too fast,” in our heads, but the underlying bullish forces that are driving gold prices aren’t only holding — some are intensifying. 

After watching gold jump 45% so far in 2025 — and nearly doubling since 2023 — you can’t help but get the feeling that this is merely the opening act, because this bull still has room to run. 

Let’s take central banks, for example. They used to sell gold, and now they hoard it. According to Metals Focus, annual net purchases have exceeded 1,000 metric tons in consecutive years since 2022 and has more than double the pace seen in prior decades. 

The most recent reserve survey from the World Gold Council shows an increasing share of central banks actively managing their gold holdings — rising from 37% in 2024 to 44% in 2025. 

Keep in mind that this is taking place even at record prices, with China and India continuing to import gold in huge quantities. 

However, something bold is now unfolding: China is now proposing itself as the custodian of foreign central bank gold. 

The Middle Kingdom is essentially offering to store the world’s gold in Shanghai. 

Meanwhile, the macro stage is playing a script that favors gold. 

The most recent price push above $3,800 per ounce comes at a time when the Fed is dancing toward more cuts. In fact, Wall Street is banking heavily on that decision, with analysts projecting a 90% probability of a rate cut in October, and a 65% chance of a second before year-end. 

Lower real rates reduce the opportunity cost of holding a non-yielding asset like gold — and the downward pressure on the dollar further boosts its appeal as the ultimate alternative reserve. 

Of course, that doesn’t take into account the most recent doom-and-gloom headlines regarding the looming government shutdown tomorrow. That’s right, folks, we’ve hit a wonderful point in the news cycle when both sides of the aisle will bicker and fight over  the U.S. government shutting down.

Even if a deal is reached, it’s only a matter of time before this troubling event rears its head again. After all, the current GOP bill (which was rejected in the Senate), only extends current funding by another seven weeks. Both sides are digging in, and the political theater only serves to add more uncertainty… and push more investors to safe-haven assets like gold.  

However, beyond the greedy central banks and rate cuts lies a deeper shift: gold is regaining its primal role as finance’s North Star. 

You see, in times of trust degradation in fiat, gold becomes more than simply a hedge — it serves as a refuge. And make no mistake, that shift is structural and difficult to reverse. 

Markets are increasingly treating gold not as a niche commodity play, but as a foundational asset class, alongside sovereign debt and cash.

Yet even structural narratives can buckle under supply stress. 

Last week, we talked a little bit about the catastrophic disruption at Freeport-McMoRan’s Grasberg mine, which was a blow to one of the largest gold producers on the planet. 

That single event could meaningfully tighten the supply side in a bull-era backdrop. And that’s not even mentioning the fact that mining discoveries are dwindling; ore grades are falling. 

In other words, each incremental ounce mined is more expensive and harder to bring online.

Think about that for a moment…

We have demand accelerating (central banks, institutional flows, safe-haven investors), and supply under increasing constraint. That asymmetry is gold’s engine, and we’re nowhere near the point of diminishing returns.

Now, it’s only prudent to consider where gold markets are headed. And for that, we must consider the marriage between gold and blockchain: digital gold, if you will. 

The idea is simple — embed gold’s permanence, scarcity, and credibility into crypto-native, tokenized structures. 

Among those, NatGold stands out. It’s backed by verifiable underground reserves, audited, and constructed so investors can capture both the upside in gold and the flexibility of digital assets. So, the premium on efficient, liquid access to gold will rise as gold’s trajectory steepens. 

NatGold is positioned to capture that premium!

Let’s return, for a moment, to our historical echo. 

In 1979–80, gold leapt from about $230 an ounce to $855 in roughly a year — a nearly 4× gain. That wasn’t a linear move, it was grief, doubt, fear, inflation, and flight. 

And once the mania turned, it collapsed just as fast. The moral takeaway is that rallies often overshoot. Yet, that only happens when the narrative is real. 

If gold is truly backed right now by real flows and real stress, the historic bullish run will continue. 

Indeed, today’s rally has already broken records, evidenced by gold prices vaulting past $3,800 per ounce this week for the first time ever. 

And every day that passes adds legitimacy to the move; every central bank that buys confirms it, and every Fed hawk that dithers fuels it.

So, is this bull run unstoppable? No market ever is. But the evidence suggests gold’s rally has the kind of durability that unnerves skeptics and rewards the patient. The catalysts — central bank hoarding, Fed rate cuts, supply stress, and mounting political risk — aren’t going away anytime soon. They’re compounding, not fading.

That leaves investors with a choice: watch from the sidelines as gold marches toward $4,000 and beyond, or start exploring ways to position themselves for what could be the most powerful uptrend since the 1970s. For those who want exposure that blends the security of verifiable gold reserves with the flexibility of digital assets, NatGold offers a bridge between the old and the new.

You don’t need to make that leap today. But if you’ve ever wondered how to capture the benefits of gold without the friction of vaults, coins, or paper claims, now may be the right time to learn more. 

The bull market is already underway for gold — the real question is whether you’ll be a spectator or a participant.

P.S. Silver just ripped past $40 for the first time in 14 years — and the setup looks eerily similar to 1980, when one tiny miner turned a $184 stake into $1 million. With supply deficits mounting, AI and EV demand surging, and Washington declaring silver “critical,” the stage is set for another historic breakout. The biggest windfalls won’t come from coins — they’ll come from the right miners.