Gold is Back

Gold has been used for thousands of years as sound money. Since Nixon took the dollar off of the Gold Standard in 1971, almost all countries are using fiat currencies. The governments aren't showing constraint and are printing more and more unbacked currency. The U.S. has even shown that it is willing to change the nature of its reserve currency by confiscating Russian own dollars.

• Countries can’t depend on dollars in their reserves due to recent dollar weaponization and have been buying record amounts of gold to store in their central banks.
• China doesn’t disclose how much gold they have been mining and make it illegal for its citizens and industry to export gold.
• The BRICS are talking about creating a gold trading partnership.

After 50 years of our politicians pretending that paper can be real money, “Gold is back”.