We still have a long way before we catch up with the 1979 inflation adjusted highs.
Since Nixon's move, the U.S. dollar has fallen from 1/35th of an ounce of gold to 1/1750th of an ounce of gold today.
Here's another view.
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Hilarious clip. Profanity warning.
Further reading:
- Tungsten Plated Gold Bars - Bob Chapman Implicates Rubin & Summers
- Gold Bar Testing With Ultrasound (VIDEO)
- Video: Counterfeit Engelhard 100 Ounce Silver Bars
More links:
- The Gold Confiscation Act Of 1933
- The Day Richard Nixon Killed the Gold Standard
- We Need A New Gold Standard - Economist James Grant
From this morning:
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