The US supplied the Allies in WWII and got paid in gold. After the war, countries linked their currencies to the US dollar, which was linked to gold. The Gold Standard ended completely in 1971, but the US dollar’s reserve status remained. Today more than 61% of all foreign bank reserves are denominated in US […]
Sign Up For Our Newsletter!
World Gold Council Releases 2021 Outlook January 20, 2021
What Does the Democratic Blue Wave Mean for Gold? January 13, 2021
Three Financial Trends from 2020 Will Continue in 2021 December 29, 2020
The Recovery Unfortunately Will Not Be Smooth and Easy December 22, 2020
2021 Will Be a Rough Year for the US Dollar December 15, 2020
401(k) Alan Greenspan banks Bretton Woods bullion central banks China coronavirus corporate debt debt ceiling equities euro European Central Bank Federal Reserve global debt gold gold IRA gold price gold standard gold to silver ratio home sales inflation interest rates Iran Janet Yellen numismatic coins palladium platinum pre-1933 coins recession retirement plans rhodium Russia S&P 500 silver silver price tariffs trade war Turkey US debt US dollar US stock market Venezuela Wall Street Warren Buffett