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
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 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).