trends, self-fulfilling prophecies, and palladium

i made a suggestion a while back that, while gold nominal value is increasing, there is no reason that it needs to be the currency. i then mentioned palladium. palladium recently had a rally

so far as i can tell, people who have a lot of (or print) the fiat currency are hedging their bets by buying what may become the next currency. but the reality is that currency is a convenience over barter. so they would need to corner the market on every possible exchange medium, which further hastens the fall of the fiat currency

but this got me thinking about trends and self-fulfilling prophecies. 'member that scene in the matrix where the oracle predicts that neo will break the vase? well, we cannot ignore the act of prophesy contributing to the future. so a prophet can only make accurate predictions that can exist with with that outcome. and they also influence outcome. by predicting that fiat currencies will crash and gold will be used as currency, it increases the probability that fiat currencies will crash and that gold values will increase

a prophet cannot discount the act of prophesy. an accurate prophet can only predict things that will happen regardless of the prophecy, that will occur despite the prophecy, or that will occur, at least in part because of the prophecy. but it is unlikely that a (true) prophet will be very accurate because, realizing their influence on future events, they would change their prophecies to affect outcome