econ

If gold is a good metric then the dollar and fiat currencies may be dying faster

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Gold has traditionally been seen as a store of value rather than just a commodity so when it rises sharply against fiat currencies it often signals weakening confidence in those currencies. Oil on the other hand is far more influenced by supply and demand cycles geopolitical factors and technological changes.  


It is possible for fiat currencies to lose purchasing power while certain commodities remain stable or even decline if production outpaces consumption. In other words the monetary side and the commodity side can move independently. Gold responds more directly to monetary concerns oil responds more directly to physical market forces... 