Tag Archives: gold standard

Timeline of Real Money to Total Fiat Currency

Money backed by gold refers to a monetary system where a country’s currency or paper money has its value linked to gold. For many years in the late 19th and early 20th century, many major economies had currencies that were fully or partially backed by gold. This was known as the gold standard. In a […]

Slowly but Surely the World is De-Dollarizing

FDR devalued the US dollar in 1933 De-dollarization is becoming more evident today than ever before. Before 1933, the US adhered to the gold standard, which meant that the value of the US dollar was tied to a specific amount of gold. However, facing financial difficulties, President Roosevelt signed Executive Order 6102 on April 5, […]

Three of the Largest US Bank Failures Occurred Six Months Ago

Yes folks, that statement is 100% accurate. Three of the largest US bank failures in history occurred just six months ago. So what changed since then because it’s crickets according to mainstream media when it comes to the safety of the banks? Well, it’s not silent on all fronts. We are getting plenty of news […]

The History of the Decaying United States Federal Reserve Note

Currency today of the United States is the Federal Reserve Note or often referred to as United States Banknotes. The Federal Reserve Act of 1913 issued these “Notes” as legal tender with the words this note is legal tender for all debts, public and private. These notes are issued to Federal Reserve Banks at the […]

Gold and Silver Is Real Money by the US Constitution

Gold and silver were indeed considered money under the US Constitution, and the Constitution granted Congress the authority to coin money, regulate its value, and specify the standards for coinage. Thomas Jefferson, one of the Founding Fathers of the United States and the third President of the United States had strong opinions about central banking […]

The Evolution of Fiat Money in the United States

The Fed was formed in 1913 The Federal Reserve System, often referred to as the Fed, was indeed established in 1913. It is the central banking system of the United States and plays a crucial role in the country’s monetary and financial stability. The Fed was created in response to a series of financial panics […]

The Advantages and Disadvantages of a Gold Standard

The gold standard is a monetary system in which a country’s currency is directly linked to a fixed quantity of gold. Under the gold standard, the value of a currency is determined by the amount of gold that can be exchanged for it. For example, if a country’s currency is linked to gold at a […]

Our Money

Money by definition is a medium that can be exchanges for goods and services and is used as a measure of their values on the market. Money includes among its forms a commodity such as gold, an officially issued coin or note, or a deposit in a checking account or other readily liquefiable account. Money […]

Brief History of Gold in the United States

From 1879 to 1933 the United States was on a gold standard. There were two forms of money at the time. Paper bills were convertible into gold, and gold was easily converted back to paper bills by the bank. A person could have a $20 bill in their pocket as well as a $20 gold […]

Investors Should View Gold as Currency

Gold is sometimes used as a barometer of investors’ sentiment and the perceived stability of the currency. However, when investing in gold, make sure to keep your perspective on the investment realistic. Should gold be looked at as speculation? Should gold be looked at as a trade? Should gold be looked at as a way […]

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