Might gold overcome the US dollar and exist as the US legal tender yet again? The United States constitution stipulates that precious metals are indeed money, yet ever since former President Richard Nixon quit the Bretton Woods agreement, they aren’t anymore. Therefore, the American dollar continues to drop in value, unlike gold & silver. Some citizens, when viewing the price of gold and silver, see that they have been climbing. Still, that isn’t the true story. When you see that gold and silver prices have been soaring, what that really embodies is that the value of the American dollar has descended.
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