Wednesday, October 28, 2020

Tag: 1971

48 Years After Nixon “Temporarily” Closes The Gold Window On Sunday, August 15th, 1971

from Silver Doctors:

The negative impacts of going onto a fully debt-based fiat currency monetary system are still being felt today…

by Patrick V. of SBTV

August 15 2019 marks the 48th anniversary of President Nixon’s ‘temporary’ closure of the gold window in 1971. Also known as The Nixon Shock, this event effectively severed the US dollar’s link to gold on the international monetary stage.