Good Sunday morning, everyone. If you remember, we left off last week with Nixon facing an echo of the problem FDR had to deal with in the 1930’s—however, Nixon’s was on an international level, rather than a domestic one. In short, this time it was France forcing America’s hand, by demanding gold at the $35 per ounce price that was promised. Once again, the US faced the problem of having more paper claims on gold … read more Newsletter #141—The End of the Golden Era