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IPFS News Link • Dollar Meltdown The

US Dollar Devalues By 99% Vs Gold In 100 Years As Gold Price Crosses $2,067

• https://www.zerohedge.com by Jan Nieuwenhuijs

In 1932 the gold price was $20.67 dollars per troy ounce, today it crossed $2,067 dollars.

That's a 99% decline in value of the dollar against gold. Other reserve currencies such as the British pound and Japanese yen have done even worse. The yen has lost 99.98% of its value against gold in 100 years. Note, the chart below has a log scale.


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