The Last Gold Rush…Ever!
Excerpt from The Last Gold Rush…Ever! courtesy of Post Hill PressQ3 2020 hedge fund letters, conferences and moreFrom The Gold Dollar Standard To The Mere Dollar StandardFew realize that today’s US dollar is the third iteration of the country’s currency in less than a hundred years. (It is no consolation that other countries have done worse. Between 1986 and 1994, Brazil had five different currencies.) Since 1933, the US has gone from the gold dollar standard to the gold-exchange dollar standard and finally to the mere dollar standard, the weakest of the three. Now, this dollar standard faces ...