EN
GIG-OS

[VIDEO] Gold standard: lessons learned

 

Gold has long served as a reliable basis of the global financial system.

 

The abandonment of the gold standard caused a series of uncontrollable consequences. Many of the problems that the global economy is facing today are caused by the underestimation of the stabilizing role of the yellow metal.

Almost half a century has passed since the decision was made in the United States to abandon the gold standard. The events that followed demonstrated the true power of gold and its significance for the Financial Security of the whole world and every single individual.

 

Find out what history teaches us!

 

Rate this article:
Created: 08.04.2020
RELATED NEWS
Prospects of gold: a breather before a new leap? Prospects of gold: a breather before a new leap?
Nigeria creates a “gold springboard” for its economic leap
Nigeria creates a “gold springboard” for its economic leap
Turkey builds gold muscles Turkey builds gold muscles
Egypt’s fascination with possibilities of gold Egypt’s fascination with possibilities of gold
Billionaires enter the battle for gold Billionaires enter the battle for gold
Bankers: gold is the top asset of 2020
Bankers: gold is the top asset of 2020
Where gold is heading to: expert opinions Where gold is heading to: expert opinions
Gold is unstoppable: a new historical record!
Gold is unstoppable: a new historical record!
Scientists: gold is more valuable than many people think Scientists: gold is more valuable than many people think
Gold is striving forward: another milestone has been reached!
Gold is striving forward: another milestone has been reached!
Take the test
and find out if you are exposed to the Lack of Financial Security virus.
Register on the platform to receive the test.