>>60961538
>Is there a historical precedent for this? When has gold ever more than doubled in a short span, and what happened afterward? How did it relate to fiat currencies of the time?
>>60961544
>We're at the beginning of hyperinflation.
This. When nearly everything is going up, that means the dollar is going down. Fiat currencies decay exponentially, and we are entering the heel portion of the hockey stick.