By Neils Christensen – Kitco
Through its unprecedented rally at the start of the year, followed by extreme volatility and now its current consolidation period, gold is doing exactly what it’s supposed to do as the precious metal continues to assert its role as a key monetary asset within the global economy, according to Incrementum AG’s annual In Gold We Trust report.
In the 20th anniversary edition of the comprehensive report, titled Back to the Monetary Future, lead authors Ronald-Peter Stöferle and Mark Valek explained that gold’s historic rally is not a speculative anomaly but part of a broader remonetization trend driven by geopolitical fragmentation, de-dollarization, inflation volatility, and mounting distrust in fiat currencies.