100 Years of Gold Price History
We’ll explore the gold price history from 1925 to today and zoom in on recent decades (30-year and 10-year price trends).
gold standard
What Backs the United States Dollar?
Prior to 1971, the US dollar was backed by gold. Today, the dollar is backed by 2 things: the government’s ability to generate revenues (via debt or taxes), and its authority to compel economic participants to transact in dollars.
Why Do People Say “Gold is Money”?
History, economic theory, and empirical evidence: three arguments supporting gold as the purest form of money.
Why Does Fiat Currency Fail?
Fiat currencies rule the world, despite their shoddy track record over the last 100 years. What can we learn from fiat currency collapses in recent history?