$104k is an important resistance level.
JL
npub1cgmk...tnyr
I am not a number!
How Gold & Silver Will Anchor the Multipolar Digital Monetary System
History doesn’t really repeat; it rebrands. Every few generations the global monetary system reaches exhaustion, reflected by the point where credit outpaces production, currencies lose credibility, and the world seeks something tangible to restore trust. Peter Millar’s 2006 paper The Relevance and Importance of Gold in the World Monetary System described this as a recurring five-phase cycle: credit expansion, over-extension, collapse, and eventual re-anchoring through the revaluation of gold against paper claims.
Today, that cycle is returning — but in a new form. The old world of fixed parities is giving way to an allegedly multipolar world, one governed by code, collateral, and programmable liquidity. And once again, the old anchor is the same: gold and silver, now being digitally reabsorbed into this coded system.
____________
00:00 Intro
00:57 The long arc of re-anchoring
02:42 The shadow-dollar world: liquidity without anchor
03:47 From convertibility to code: the digital transition
05:20 4. The energy and commodity foundation
06:53 The multipolar portfolio
08:13 Custody, law, and control
09:20 The quiet re-monetisation
09:54 The meaning of the anchor
10:27 Conclusion: the analogue within the digital
Miles Harris
08.11.25
#gold #milesharris
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