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Between the 1930s and the 1970s, most of the world’s major currencies transitioned from a gold standard to fiat currency. During this transition, circulating coinage also changed from being […]

The price of gold has increased tremendously since 1933, rising from US$20.67/ounce to more than $1900/ounce in 2011. Let’s take a look at how exactly this happened. The Great […]