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When the international financial system operated under the gold standard,
S&P 500 Index
A stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the United States, often used as a benchmark for the overall U.S. equity market.
Futures Contract
An official agreement setting terms for the future buying or selling of assets at a price fixed in advance.
Value
The financial worth of an asset, security, or company, based on factors like earnings, growth potential, and market conditions.
Calls
Options contracts that give the holder the right, but not the obligation, to buy a stock or another financial asset at a specified price within a specific time period.
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