Starting in 1971, the United States refused to redeem its dollars (Federal Reserve notes) because government debt and money printing had inflated the gold price per ounce in the open market to skyrocket above the fixed redemption price of gold.
The United States dollar was backed by gold till then, and had gained the status of the world’s reserve currency. Most other countries around the world had already abandoned their own gold standards and instead pegged their currencies to the United States dollar.
We have a fiat currency adrift at sea and the potential to save our economy if we make the right moves.
Joe Biden and the Globalist Elites are tanking our economy as they seek to usher in The Great Reset. They’re using inflation to destroy the American dollar and introduce the CBDC. Now is the time to look into investing in gold and precious metals. Reach out to Our Gold Guy to see if buying gold is right for you.