this chart goes back to 1700 and shows the price change for gold, silver, and more recently Bitcoin (vertical) against their 12-month volatility (horizontal). Until 1970, gold’s price was fixed under the gold standard and later the Bretton Woods system, but since the dawn of the Fiat Era (1970-present), the volatility of both gold and silver (and now Bitcoin) have waxed and waned to reflect the prevailing monetary and inflation regimes of the time
this chart goes back to 1700 and shows the price change for gold, silver, and more recently Bitcoin (vertical) against their 12-month volatility (horizontal). Until 1970, gold’s price was fixed under the gold standard and later the Bretton Woods system, but since the dawn of the Fiat Era (1970-present), the volatility of both gold and silver (and now Bitcoin) have waxed and waned to reflect the prevailing monetary and inflation regimes of the time