Gold knocks on a door that's been shut for 50 years as bitcoin tests a defining support

Gold is at a critical juncture when measured against U.S. money supply (M2SL), testing a level it last reached in 2011 and not surpassed since the 1970s, when the price more than tripled to a then-record $700 an ounce over the course of several years. In contrast, bitcoin (BTC), referred to by some supporters as digital gold, has dropped toward a support level, revisiting lows it last touched during the "tariff tantrum" in April. Back in 2011, gold cost $1,800 an ounce. It's now around $4,500. When plot ...