Gold Has Only Done This 3 Times In the Last 100 Years

From youtube.com/capitaltrading

Gold has reached one of the most extreme levels in modern financial history, now valued at over 170% of the total money supply, a level previously seen only during major monetary disruptions such as the 1930s and 1970s. At the same time, gold prices have recently declined, creating a puzzling divergence between historical signals and current market behavior. In this video, we break down what this critical ratio means and why it has historically coincided with periods of monetary stress and currency devaluation. We also examine the structural shift within the gold market, including the growing gap between paper gold traded on exchanges and physical gold held in reserves. In addition, we explore how changes in margin requirements, forced liquidations, and rising leverage have contributed to recent price volatility, even as central banks continue accumulating physical gold. We also analyze the broader macroeconomic environment, including rising oil prices, increasing inflation expectations, and shifting interest rate outlooks. With signs of stagflation emerging and government debt levels at historic highs, the balance between economic growth and inflation control is becoming increasingly complex.