The relationship in value between gold and currencies has diminished significantly since the gold standard was abandoned in the early 1970s. During that time, the president of the United States Richard Nixon also barred the exchangeability of the dollar into the precious metal, which brought an end to the Bretton Woods system.
The In Gold We Trust Report highlights that in the past four decades, the purchasing power of some of the most popular currencies on the globe has diminished significantly against gold…
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