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Nick Szabo·2025-10-18 00:38

Gold Price Analysis - Gold price increased from $35 in 1971 to $4,200 projected in 2025, representing a Compound Annual Growth Rate (CAGR) of 930% over 54 years [1] - The analysis suggests that the increase in gold price is not due to gold's appreciation but rather the collapse of fiat currencies [1] Investment Thesis - Gold is presented as "sound money" due to its inherent properties, independent of CEOs, balance sheets, innovation, or bailouts [1] - The hashtag InGoldWeTrust and SoundMoney indicate a belief in gold as a reliable store of value [1]