In 1971, the U.S. 'closed the gold window,' starting an era of global fiat money reference-pricing that has been UNPRECEDENTED in HISTORY. Never before had the WORLD operated on the basis of no country ANYWHERE having a currency tied to something with intrinsic value LIKE gold.

Author - Max Keiser

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In 1971 the U.S. closed the gold window starting an era of global fiat money reference-pricing that has been UNPRECEDENTED in HISTORY. Never before had the WORLD operated on the basis of no country ANYWHERE having a currency tied to something with intrinsic value LIKE gold.
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