Update/Don't lament missing out if you see gold break through $4400. Humanity's return to a golden age essentially hinges on finding a universally agreed-upon scarcity. Why? I'd rather believe that, compared to the Cold War between major powers and regional conflicts, the wave of artificial intelligence (including robotics) is fundamentally driving the decline of any sovereign currency, regardless of monetary policy. Based on Musk's recent interview with an Indian guy (that was quite insightful), a new wave of explosive productivity growth will inevitably lead to severe devaluation of currencies, including the US dollar. Bitcoin's unimaginable price surge is inevitable. But hold on, let things develop.