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Bullion Investors Hang Tight! (GoldSeek)

The precious metals futures markets launched shortly after Richard Nixon closed the gold window and removed the last vestige of gold backing from the Federal Reserve Note. Officials introduced paper gold and silver contracts specifically to increase price volatility and discourage physical ownership of metals.

After nearly 50 years, it is safe to say their strategy was a success.

https://goldseek.com/article/bullion-investors-hang-tight

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