GOLD The gold price today gold price history gold price of currency crises Units SILVER Silver Secr

GOLD The gold price today gold price history gold price of currency crises Units SILVER Silver Secret (training course) Latvian Where you can buy silver? Video bars and coins gold buying
U.S. big mistake. Today, 15th August, marks 40 years since the 1971st year, U.S. President Richard Nixon issued an order terminating the swap U.S. dollars for gold. This order was the era of the gold standard and the Bretton Woods agreement ending that finally ended its existence in 1973. Annually. U.S. orders at that time was controlled pragmatic goals, as the Bretton Woods Agreement countries - France, Germany and Britain, demanded change their dollar reserves for gold. This action stemmed from the U.S. caused by inflation and the dollar loss to the U.S. partners, concerns were raised about the preservation of your savings and this has led to a logical desire - to salvage its assets, exchanging it for gold, which was pegged to the dollar at that time. However, the United States, realizing that in this way runs the risk of losing their gold reserves, knowingly concerned the gold standard and the world entered the "floating" currency liberal period in which we live in today. It should be remembered that the U.S. is the gold standard by more or less breaks there all the time. During the period in 1921. Before the 1971st year it was on the basis of economic development and the engine not only in the U.S. but also in all those countries that peg to the U.S. dollar through, actually bound, gold standard, the dollar was secured. Above all, it was the Bretton Woods Agreement countries - the British Isles and France, but they followed a number of other countries. Only when the populist policy stance on behalf barometer of the United States rose sharply, inflation and a need for a large and cheap money mass in order to fulfill the promises of politicians, there was the collapse of the gold standard. Despite the fact that the standard successfully served many countries, ensuring that development and prosperity, political and fast and inexpensive profit guided by leaders and central banks started to monetary policy during barometer the closing cycle is currently located. If you look back at the last 40-year period barometer can be determined apparent gold withdrawal effects. It is doubtful whether it would be possible 15 trillion deficit, if there was a gold standard. It is doubtful whether the euro zone sovereign debt levels to achieve the present when money policy should be based gold standard. 40 years ago, the abolition of the gold standard, the U.S. chose the easy way out. They needed to take into account the British Isles more than 233 years of experience barometer in making good use of the gold standard conditions of increased demand. British Isles to World War 233 years of its economic power and the empire was based on the gold boom in freely convertible pound. Empire on which the sun never nenorietēja, the demand for physical gold was in fact much higher than the UK gold stocks. However, properly managing the gold swaps simultaneously with the liberalization of the tax system and reducing the burden, the British barometer managed to keep its gold reserves barometer and at the same time providing an enviable stability of the currency. Only after the First World War the British Isles chose to raise a pound to the dollar, thus the gold standard policy reins entrusting the United States. In 1971, faced with similar problems, as once the British Isles, the demand barometer for physical gold threatened to be larger than the physical stocks in the U.S. did not deal with this challenge. In the 80-ies barometer of President Reagan's reign, there was serious discussion about the restoration of the gold standard, but this was not done. Fed during barometer the Greenspan Fed driving gold prices all the forces trying to keep stable, but it has produced results. Currently, the price of gold is increasing barometer rapidly, as they fed funds disbelief and fear of high debts, currency instability and economic downturn. This could be mitigated if the world return to the gold standard. Balanced budget implementation balancing spending with revenues, barometer reducing the tax burden and currency stability through a gold or silver standard is a mechanism that has proven itself in operation and is undeservedly forgotten. Article source: http://www.latgold.lv/public/29668.html?doc=33752 &
How to know and determine if your gold is real?
2012 (15) August (1) July (4) May (1) April (1) March (1) February (3) January (4) 2011 (28) December (1) November (3) October (3) September (10) August (6) 5 mistakes when buying gold and silver (2011th year) Why monetary system collapse? | August 20111 - Ze ... 11 things that children learn from politicians barometer today 40 years since canceled gold standard In fact, the U.S. has long been not worthy of AAA Press is silent about | Zelts24 TV # 1 08.08.2011 March (4) February ( 1) 2010 (25) December (4) November (16) October (4) June (1)