From Marc Chandler at Bannockburn Global Forex, August 1:
(My X account, @marcmakingsense) was hijacked. The plumbing from the blog is still working but all other tweets are not me. While I work with X to see if I can regain control of the account, I have created another, @CapitalMarc. I am away this coming week but will have the next weekly out on August 8. Thank you for your patience and support.Fifty-five years ago this month, US President Nixon closed the gold window. It was presented as temporary, but it became permanent and launched the dollar into a half-century of dominance nobody sitting in the room that weekend would have bet on. Now, on the anniversary, the cracks are getting harder to paper over.
Let's go back to the beginning because the origin story explains everything that follows....
....MUCH MORE
