Gold has broken 5000 dollars, a number never seen in human history.
Many people's first reaction is: "Can we still make money by buying gold now?"
Before that, I would like everyone to think about a question: Why, in the year 2026 when technology is so advanced, do humans still collectively retreat to this 'yellow metal' that 'cannot be eaten or used'?
If we view global finance as a competition, gold's opponent is actually credit. Last week, gold prices recorded the largest weekly increase since 2008. What happened at the same time?
· The U.S. is having tariff disputes with allies over the 'Greenland' issue;
· The Department of Justice is unprecedentedly investigating the Federal Reserve Chairman;
· Japan's bond market is also experiencing severe fluctuations due to spending plans.
This leads us to the second question: When the world's most recognized safe-haven currency, the dollar, and the institutional credibility behind it start to show cracks, do global central banks and smart money have better choices than switching to gold?
Experts from Goldman Sachs and JPMorgan have mentioned a word: "uncertainty."
Previously, we felt that the world had rules. But recent events—from geopolitical conflicts to the unpredictable policies between great powers—are sending a signal: the old rules are failing.
Now, the third question arises: If even paper wealth like the dollar, euro, and yen is beginning to make people uneasy, then what is the upper limit of gold's value as an asset that 'doesn't require anyone's endorsement'? History tells us that whenever a new world order is established in pain, gold often becomes the only anchor point.
Seeing silver break 100 dollars and gold break 5000 dollars, many people will feel anxious, even thinking they have missed the opportunity to get rich. But I want to encourage everyone to think about the last question: If the rise in gold prices reflects a contraction of global credit, then do the other assets we hold still have purchasing power?
This may no longer be a question of "can we make money?" but rather a question of "how to avoid depreciation."