Part 8/16:
Despite the chaos, the resilience of the global system has been shown to persist through crises—banks stayed open, electricity and water supply continued, and societies adapted. The emphasis remains on diversification, early preparation, and self-custody—raising the importance of holding assets outside of fiat systems, especially in unstable regions.
Historical Parallels: Gold, US Dollar, and Financial Cycles
A lengthy historical dive explains why Nixon closed the gold window in 1971, transitioning the US dollar to a fiat regime. The run on gold reserves, caused by excessive money printing and geopolitical tensions, mirrored current trends in monetary expansion and debt accumulation.