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Jeff Christian – “Gold and Silver: Central Bank, Corporate, and Individual Reserves” (Video)
CPM discusses the long lead up to the 13 August 1971 suspension of dollar-gold convertibility for governments and central banks, and why the end of the Bretton Woods gold-dollar standard was not a surprise to people who were watching. He also discussed some trends in companies holding cash reserves in gold and silver, and wondered aloud why more companies do not do that. He then addressed some recent questions and comments asked of CPM.
Posted August 25, 2021
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