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Re <<Proposal for a 50-year Treasury bond convertible into gold issued at the initiative of President Trump on July 4, 2026.>>
… suggest reading fine print with aid of electron microscope, and once done ignore, because suspect the gold-hook is just and only a mechanism to lower cost of debt, to be reneged between <<July 4, 2026>> and 50-years from now. My suggestion is so because they are <<F*CKING F*CKS>>.
I am happy the daughter is studying history as one of many minors, alongside of mathematics and such really useful readings, as opposed to politics, economics, etc etc. History tells us that the <<F*CKS>> are telling untruth / lying, again. They cannot help themselves.
Speaking of which, gold is behaving rather tame at this particular cusp or juncture of WWIII.
In the meantime we are rather happy with crypto BTC and ETH, and PAXG (crypto manifestation of gold-gold). Rather neat to keep believing that access to these ‘WEB3 assets’ or strings-of-numbers via mobile telephone can be maintained from anywhere on this planet.
The single issue about gold-gold is that it is NOT actually portable, and one cannot cross borders with it in toll.
Diamonds are no more viable as store of value because China China China manufacturing has cratered pricing to essentially nothing, and no, there is no discernible difference between synthetic and natural diamond, as far as I understand, except the synthetics are more perfect to the eye aided or otherwise, carat for carat, and sort minor electrical characteristics.
