The Day the Dollar Lost Its Gold: The Nixon Shock

President Richard Nixon announcing the end of Dollar convertibility On August 15th, 1971, U.S. President Richard Nixon ended the dollar’s convertibility to gold, bringing an abrupt end to the last vestige of the international gold standard. Why? And what led up to...
Fed Report Reignites Talk of Gold Price Reset

Fed Report Reignites Talk of Gold Price Reset

Remember the gold price reset talk from earlier this year? It’s back. In February, U.S. Treasury Secretary Scott Bessent said, “We’re going to monetize the asset side of the U.S. balance sheet,” which triggered a wave of speculation about what valuing gold at the...