https://ingoldwetrust.report/igwt/exclu ... a/?lang=enKey Takeaways
•The Nixon Shock 50 years ago marked the halfway point in the life of the US dollar-based financial system.
•FOFOA outlines four distinct periods in recent monetary history, and predicts we are now on the cusp of change.
•The gold market is currently run like a fractional reserve currency by the bullion banks, but we could soon move to a new system where gold is freely traded.
•There is a risk to the stablitity of “paper markets” for gold, which pose a systemic threat to the financial system.
•Gold will be freed of the fractional reserve banking practicesof today. The monetary reforms this will lead to will result in a repricing of physical gold.
•Bubblesdo not perform well at transition points, they very often pop just prior to them. Bitcoin is showing signs of being in a bubble.