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For the young kids who do not know this....

When White Men were given NOTES as money, it was a note from the bank that PROMISED them they could turn the note back in for gold. That's the whole point of gold backed currency. Before the age of dumbphones, people refused to accept a piece of paper as payment unless they could turn it in for real gold or silver metal. When the banks made the notes irredeemable for gold or silver, and kept the gold for themselves and used silver for industry, that's when the bankers should have all been impaled immediately. Your great great great great White Grandpa would have laughed if someone gave him a promisary note as payment that didn't promise shit except blind faith in a morally bankrupt institution and the credit worthiness of an institution $40 trillion in debt with not enough money in existence to pay it back.

What's really sad, is people sell their soul for something that is worthless. Imagine you die and God asks why you disobeyed all his commandments for worthless paper with devil symbols on it? And you will say well that's what they paid me derrr and i accepted it

Backed by the full faith and credit of the United States

Well guess what?

The United States isn't faithful to God

jews who run the USA have no faith in Jesus Christ

The United States is technically bankrupt and therefore has no credit

If money were so valuable, why do banks give it to you and keep the gold for themselves?

Why are banks willing to print as much fiat money as it takes until they get every last gold nugget?

Obviously gold is the real money and that shit in your wallet with the satanic Freemason symbols on it is a black magick trick and evidence you're a rube.

Western central banks were selling huge amounts of gold when it was cheap, in the late 1990's and early 2000's. Now, non-western central banks are buying, while their western counterparts are mostly doing nothing.

AI says there weren't really any reports of protests. Can anyone verify?

>There is no evidence of widespread public protests in the United States when President Nixon ended the convertibility of the U.S. dollar into gold on August 15, 1971. The announcement, known as the "Nixon Shock," was met with a largely positive reaction domestically, as it was seen as a bold move to address inflation and economic challenges.
 The decision was made without prior consultation with international allies, which caused dismay among foreign governments and financial leaders, but not significant public demonstrations within the U.S..
 The international community viewed the action as a unilateral and disruptive shift in global economic policy, but the domestic response was generally supportive, particularly among the American public who welcomed measures like the 90-day wage and price freeze aimed at curbing inflation.
AI-generated answer. Please verify critical facts.

Since the U.S. stocks are denominated in dollars, and Nixon gave green light to massively inflate, then of course stock shares are going to increase in price. This is what tricks people. Your stock shares didn't increase in fundamental value. They only increased because it takes more of the funny money to buy the same thing.

Remember we used to go to arcades? The arcades sometimes made you turn dollars in for their tokens. Even as kids we knew the arcade tokens were worthless outside of the arcade.

I'm sorry for breaking your delulu beliefs, but gold is worthless too. Gold is simply shiny metal. It has some utility in manufacturing, but it's overpriced due to retards hoarding it.

The only thing that matters is what people believe in. You can convince enough rubes to exchange their physical effort for this shiny metal instead of paper with letters printed on it, but what is the purpose of it?

Our problem is that White people have been brainwashed into hating themselves and not seeing themselves as a tribe. The method of organising labour, whether it's some paper signed by Stalin ordering people to do stuff, or some papers with numbers printed on them that people want to acquire, or some shiny metal, all of it doesn't matter.

Charted: Countries Stockpiling the Most Gold Reserves Since 2000 https://www.visualcapitalist.com/cp/countries-stockpiling-most-gold-reserves-since-2000/

Russia, China, India, Turkey, Poland, Arabia, Qatar, Mexico

I wonder if there is any info which private wealth funds hold the largest gold stashes

>The dramatic increase in gold holdings by Russia and China is part of a broader effort to reduce reliance on the U.S. dollar. After facing Western sanctions, Russia has accelerated its dedollarization strategy, favoring gold to protect reserves from seizure or devaluation.

>China’s motives are also strategic. Amid trade tensions with the U.S. and a growing desire to internationalize the yuan, Beijing has been quietly amassing gold, often through discreet central bank purchases and reported transfers from domestic mines.

>Russia and China have even engaged in historic bilateral gold trade deals that bypass the U.S. financial system.

Buy ammo.

In never depreciates, stores indefinitely, and is useful in case of total collapse.

in times of high-inflation, low-trust in paper money it's best to hold a real physical asset such as gold or silver. or nickel or real-estate or whatever. they are hedges against inflation. they're harder to protect/store and take time to convert into spending money but when people are burning piles of USA dollars to stay warm that won't matter.