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First Gold Bond in 87 Years Circumvents Federal Reserve

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First Gold Bond in 87 Years Circumvents Federal Reserve
Gold bars and others precious metals are pictured at the Agosi factory in the city of Pforzheim, southwestern Germany, on April 1, 2019. Patrick Hertzog/AFP/Getty Images
Fergus Hodgson
Updated:
Commentary
An Arizona-based firm has revived a gold-standard remnant as an escape from the dollar. In January, Monetary Metals issued a bond denominated in gold, the first of its kind in the United States in 87 years.
Fergus Hodgson
Fergus Hodgson
Author
Fergus Hodgson is the director of “ Econ Americas”, a financial consultancy, and publisher of the “ Impunity Observer” , a geopolitical intelligence service. He is the author of “ Financial Sovereignty for Canadians: Untether Yourself from the Ottawa Leviathan (2024).”
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