If the U.S. Dollar Were to Fall How Important is Gold to the States?

- August 6th, 2010

The goldforecaster reported:If the U.S. Dollar Were to Fall How Important is Gold to the States?

Goldforecaster.com reported:If the U.S. Dollar Were to Fall How Important is Gold to the States?

Since the demise of the Gold Standard, monetary authorities have tried as many ways as possible out there to sideline gold as part of the monetary system. Since the early eighties they have succeeded to some extent, but this was by discrediting it and by emphasizing the benefits of paper currencies. Paper money in a paper system was working very well and everybody felt that much more prosperous, so ignored gold’s departure. Since then the developed world has had a full twenty-five year long growth period. Then began the real rise of the east!

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