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I thought Treasury stopped issuing longer term notes some years ago. Can buy up to 10 years here https://www.treasurydirect.gov/indiv/products/prod_tnotes_glanc

I thought Treasury stopped issuing longer term notes some years ago. Can buy up to 10 years here https://www.treasurydirect.gov/indiv/products/prod_tnotes_glance.htm https://www.treasurydirect.gov/indiv/products/prod_tnotes_gl... Gold was captured and centralized in WW2. Formalized with Bretton Woods. Formally repudiated by Nixon in 1971. Gold and silver demonetization has been happening for decades and the gold bugs can't see it. Fed hot air is stupid show and provides reporters something to publish.

lettergram 5y ago
I find it interesting Russia has 5x their reserves of gold since 2008 https://tradingeconomics.com/russia/gold-reserves https://tradingeconomics.com/russia/gold-reserves and appears to be divesting form the dollar https://www.cnbc.com/2021/06/03/russia-to-remove-dollar-assets-from-national-wealth-fund.html https://www.cnbc.com/2021/06/03/russia-to-remove-dollar-asse... China has also 4x the reserved gold since 2008 https://tradingeconomics.com/china/gold-reserves https://tradingeconomics.com/china/gold-reserves That being said, I generally agree the "gold standard" has been shattered. That said, the future is likely something like crypto that can be tracked and monitored closely.