Rumors are swirling as preparations for what appears to be a return to a gold standard draw near. A partially gold-backed dollar would help secure America's financial future, inflating away a large portion of the nation's heavy debt burden while restoring stability to the dollar and maintaining monetary flexibility.
The signs are undeniable—Central banks, the UK, China, BRICS nations, and financial giants are buying physical gold at record highs, signaling that a major financial shift is underway. U.S. banks and the U.K. have moved tons of gold to the U.S., with more than 12.5 million ounces transferred from London to the U.S. COMEX system since November 2024. This is part of a larger trend of gold shifting from the London Bullion Market Association (LBMA) to the United States.
This move would devalue the dollar, causing financial pain for citizens who do not own physical gold. However, it would strengthen the U.S.'s financial power globally long term and reduce future inflation since the government could no longer print unlimited dollars. Additionally, it would allow America to reset its economy on a more sustainable foundation, fostering prosperity in a relatively short time rather than relying on debt-driven growth that causes painful boom-and-bust cycles. Read more here. |
No comments:
Post a Comment