US Dollar Devalues by 99% vs Gold in 100 Years as Gold Price Crosses $2,067
thegoldobserver.substack.com
The spot gold price crossed $2,067 dollars per troy ounce today, another all-time high. Since the 1930s the U.S. dollar has lost 99% of its value against gold. Written by Jan Nieuwenhuijs, originally published at Voima Gold Insight. A world reserve currency is supposed to be superior in storing value, but through boundless money printing the U.S. dollar hasn’t been able to compete with gold by a long shot. In 1932 the gold price was $20.67 dollars per troy ounce, today it crossed $2,067 dollars.
US Dollar Devalues by 99% vs Gold in 100 Years as Gold Price Crosses $2,067
US Dollar Devalues by 99% vs Gold in 100…
US Dollar Devalues by 99% vs Gold in 100 Years as Gold Price Crosses $2,067
The spot gold price crossed $2,067 dollars per troy ounce today, another all-time high. Since the 1930s the U.S. dollar has lost 99% of its value against gold. Written by Jan Nieuwenhuijs, originally published at Voima Gold Insight. A world reserve currency is supposed to be superior in storing value, but through boundless money printing the U.S. dollar hasn’t been able to compete with gold by a long shot. In 1932 the gold price was $20.67 dollars per troy ounce, today it crossed $2,067 dollars.