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Slide 23 Silent Generation bought Fundstrat Bitcoin & Blockchain presentation for Upfront Summit

Slide 23
Silent Generation bought gold…
Millennials
aren’t buying
Gold…
Gold
As shown below, the Silent Generation was in their prime income years. The USD moved off the gold standard in 1971.
• As shown, this surge in gold and coincident generational prime income of “Silent Generation” means this
generation is the key cohort of “gold bugs”.
Figure: Comparative Gold prices and the prime income years of various generations
Census bureau
USD off gold
standard August
15, 1971
China demand +
Financial crisis
1962 1980
1999
2018
2036
1.0
11.0
21.0
31.0
41.0
51.0
61.0
71.0
81.0
91.0
101.0
1930
1933
1936
1939
1942
1945
1948
1951
1954
1957
1960
1963
1966
1969
1972
1975
1978
1981
1984
1987
1990
1993
1996
1999
2002
2005
2008
2011
2014
2017
2020
2023
2026
2029
2032
2035
2038
2041
2044
2047
2050
2053
2056
2059
#Americans
Prime income years (age 35-60)--Greatest generation (1910-1927) Prime income years (age 35-60)--Silent Generation (1928-1945)
Prime income years (age 35-60)--Boomers (1946-1964) Prime income years (age 35-60)--GenX (1965-1980)
Prime income years (age 35-60)--Millenials (1981-2000)

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