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Bingo! We are artificially pricing gold incorrectly! USA has very little gold compare to others like Russia and China. Nixon realized this in the 70s and then w
by homeland221 4y ago
Bingo! We are artificially pricing gold incorrectly! USA has very little gold compare to others like Russia and China. Nixon realized this in the 70s and then we have fiat dollars. Most people don't know the price of gold other than what is being advertised on the market which is based on paper gold mostly. Having gold as valuable can undermine USA petroldollar dominance and bad for America in general as gold commodity USA has very little to influence worldwide order.