Many people mention that the current gold situation is similar to 1979-1980, possibly leading to a sharp decline. However, it is worth noting that the biggest difference between 2025-2026 and 1979-1980 is that the Federal Reserve is not only unwilling but also mathematically incapable of raising interest rates as aggressively as Walter did. If the dollar raises interest rates aggressively, the US government will be unable to pay interest, leading to a US debt default, which would be equivalent to suicide for the United States. Therefore, now gold is not like 1980, but more like 1940-1950: a turbulent period before the establishment of a new pattern.
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Many people mention that the current gold situation is similar to 1979-1980, possibly leading to a sharp decline. However, it is worth noting that the biggest difference between 2025-2026 and 1979-1980 is that the Federal Reserve is not only unwilling but also mathematically incapable of raising interest rates as aggressively as Walter did. If the dollar raises interest rates aggressively, the US government will be unable to pay interest, leading to a US debt default, which would be equivalent to suicide for the United States. Therefore, now gold is not like 1980, but more like 1940-1950: a turbulent period before the establishment of a new pattern.