This yr marks the 50th anniversary of the finish of the gold commonplace within the U.S. In August 1971, President Richard Nixon formally unpegged
This yr marks the 50th anniversary of the finish of the gold commonplace within the U.S. In August 1971, President Richard Nixon formally unpegged the U.S. greenback from gold, which means the buck was not convertible into bullion. In a single day, the greenback grew to become a free-floating forex, measurable solely by evaluating it to different world currencies. And but there […] Learn extra at ETFtrends.com.
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