Long before becoming a financial asset, gold already represented autonomy, trust and real scarcity. Unlike modern fiat currencies — issued at the whim of governments and central banks — gold is, by definition, uncontrollable. It does not depend on the authority of any politician, it cannot be created by decree and it is not subject to algorithmic censorship.
This is precisely why gold never goes out of the picture — especially when the monetary order goes into crisis.
The Austrian School of Economics, through names such as Ludwig von Mises and Murray Rothbard, has always seen gold as a pillar of true economic freedom. For them, the ideal monetary system should be based on a solid and limited standard, not subject to political manipulation.
Gold as a barrier to the inflationary power of the State
Mises warned that inflation — far from being a mere variation in prices — is, in fact, a deliberate policy of monetary expansion, used to sustain deficits, finance wars, and buy popularity. Gold, by limiting the amount of currency in circulation, prevents this cycle of abuse.
That's why governments have always fought it. The gold standard was abandoned not because of inefficiency, but because constrain the unlimited desires of the state Leviathan.
A symbolic return, but with real weight
In 2025, metal is back in the spotlight. As we highlighted in “Gold on the Rise: Why the Precious Metal Is Breaking Records in 2025”, the flight to gold reflects the loss of confidence in the dollar, the international monetary system and central banks.
This movement, although silent, is deeply political.
Every gram of gold purchased by an investor or central bank is a vote of no confidence in the current fiat system. It is a form of peaceful and silent resistance against structural inflation and monetary manipulation.
Conclusion
Gold is not just an asset. It is a idea of limit to power, a reminder that currency should serve the market — not the state.
In a world of printing presses and endless debt, he remains the last bastion of economic responsibility.