The USD was backed by Gold until 1971 [Nixon] and US coinage was Silver until 1965 [LBJ].
Do your own math here, but it's worth noting that the Dollar's Purchasing Power continues to tank, and Silver spot has broken through $58/oz. Gold is having a good run upwards too.
Put another way, one ounce of Gold or Silver bullion remains one ounce...one fiat Dollar not so much, it takes increasing amounts of them to buy that same one ounce of bullion.
[Weimar, Argentina, Zimbabwe, Venezuela]







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