Dollar Depreciation and the Price of Gold
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Dollar Depreciation and the Price of Gold

by Ivan Daraktchiev, Global Research: The recent price of gold reaching US$ 4,000 for a troy ounce implies that today the dollar is about 120 times cheaper than in mid-1971. Not many notice that. Even less care to examine our assertion that the dollar depreciation is correlated to the overall inflation[1]. We present here the […]