Market Instability- 50 Years Off the Gold Standard

13/08/2021 29 min Temporada 18 Episodio 7

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Episode Synopsis

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

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