US Dollar Devalues by 99% vs Gold in 100 Years—Gold Price Crosses $2,067 | WHAT REALLY HAPPENED

US Dollar Devalues by 99% vs Gold in 100 Years—Gold Price Crosses $2,067

A world reserve currency is supposed to be superior in storing value, but through boundless money printing the U.S. dollar hasn’t been able to compete with gold by a long shot. In 1932 the gold price was $20.67 dollars per troy ounce, today it crossed $2,067 dollars.

That’s a 99% decline in value of the dollar against gold. Other reserve currencies such as the British pound and Japanese yen have done even worse. The yen has lost 99.98% of its value against gold in 100 years.

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