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Market Instability- 50 Years Off the Gold Standard
Season 18
Episode 7
Published 4 years, 8 months ago
Description
50 years ago, on August 15, 1971, President Richard Nixon shocked the financial world by ending the convertibility of the dollar to gold, upending the monetary and currency exchange system that had been in place since 1944. This week Nick Sargen, author of Global Shocks, joins us to explain the consequences of that momentous decision which are still being felt today.
WEALTHTRACK #1807 published on August 13, 2021.
More Info: https://wealthtrack.com/multiple-asset-bubbles-50-years-off-the-gold-standard/
Global Shocks: An Investment Guide for Turbulent Markets: https://amzn.to/3AGasT3